Business and Finance News and Analysis

Predicting the future state of the property market is a near impossible task, but examining the trajectory of interest rates could provide some clues.

The Reserve Bank has lifted the cash rate target for the third month in a row, with banks once again expected to pass on the rate hike to borrowers.

Financing home improvements can be costly, but using your home equity could be a cost-effective way to get the most out of your renovations.

While rising rates have meant some borrowers have seen an increase in their repayments, they could also create more interest-saving opportunities for borrowers.

The Reserve Bank has lifted the cash rate target in its second rise in two months after a frantic guessing game around the nation not so much over whether the rate would go up, but by how much.

While rising interest rates could reduce buyers’ borrowing power, it could also trigger a decline in property prices, potentially helping first-home buyers enter the property market sooner.

Borrowers who locked in record-low fixed interest rates in the past few years are likely to face a substantial increase in mortgage repayments when their fixed terms end.

Borrowers could see higher mortgage repayments within weeks, with the Reserve Bank of Australia (RBA) increasing the official interest rate for the first time in more than a decade.

The Reserve Bank of Australia has raised the official interest rate from its record low in response to the shock increase in the inflation rate over the March quarter.

Home owners still have time to take advantage of record-low interest rates before the cash rate rises.