With Christmas and the festive season just around the corner, the Reserve Bank made the announcement today of a 25 basis point reduction.
Mr Morgan, Managing Director of Harcourts Bunbury said “This is good news for all, Retailers, Store owners, Families, First home buyers, Investors and more. The two speed economy has made it difficult for the RBA to make changes, but it is widely known that the balance of Australia hasn’t been seeing the benefits of the resource boom, not yet anyway.”
“This could see a rekindling…
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Categories Featured Articles, Finance, Home Sales, Interest Rates, Investments, Local News, Real Estate
There is no question about it, there is a great deal of uncertainty in the global markets and this couldn’t be more evident that what we are seeing in the share market place at the moment.
Could this spell a return for the investors back into property?
Mr Morgan, managing director of Harcourts bunbury said “Whilst I always recommend a balance to anyone’s investment, we are not financial advisors, but there is a general consensus that the property market has reach perhaps the lowest point. This…
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Categories Featured Articles, Local News, Real Estate
by Richard
December
21st,
2010
With the Reserve Bank leaving interest rates unchanged, providing much need relief for home buyers and sellers before Christmas.
The reserve bank leaving rates at 4.75 per cent was music to most people ears. This matched what expectations of economists and investors had.
The central bank opted to keep rates steady after a string of weaker economic figures in recent weeks, including data showing the economy expanded by a disappointing 0.2 per cent in the third quarter.
Mr Morgan, for Harcourts Bunbury stated “The current real estate market has soften since the previous rate increase, which was unexpected…
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Categories Finance, Home Sales, Investments, Local News
Certainly over the past few years we have come to see the banks in gerenal
in a different light. Or perhaps their true colour. When it comes to making a profit
there would appear to be no emotion with them.
At Harcourt’s we have seen many a client led to sell due to banking changes
and the hoops that some of this client have had to do back flips to jump through.
When taking to your bank about options remember that most banks have adopted
a hardship polciy of some sort, here is a example of what some are offering;
- Deferred repayments on loans and credit…
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