by Option Wealth | Feb 9, 2015 | Property Investment |
Sydney had the highest auction clearance rate in almost four months at the weekend, as lower interest rates fuel decade-high levels of confidence and enthusiasm. The 82.4 per cent rate has not been topped since October, at the height of the spring selling season....
by Option Wealth | Feb 4, 2015 | Interest Rates |
The Reserve Bank of Australia has slashed the official cash rate by 25 basis point to a new record low of 2.25 per cent after growing speculation of a cut. But what does this decision mean for you? Cheaper loans – Assuming the banks pass on the savings, it...
by Option Wealth | Feb 3, 2015 | Interest Rates |
The Reserve Bank’s cut in interest rates has prompted speculation from property experts that the Sydney housing market could be in for another boost. Property prices across the city rose at boom-time levels of 14.1 per cent in the 12 months to December,...
by Option Wealth | Feb 2, 2015 | Option Wealth News |
All eyes are on the Reserve Bank’s first interest rate decision for the year on Tuesday after Sydney’s weekend auction market kicked off 2015 with a solid clearance rate from modest numbers. But Saturday’s rate of 70.5 per cent was well below the 80...