QLD Terraine - September 2013
Local Outlook Interest rate cuts signal more good news for Queensland real estate
The Reserve Bank of Australia’s decision to trim the cash rate to 2.5 per cent in August is more good news for the Queensland property market.
National Outlook Historically low interest rates set to spur busy spring selling season
The scene is set for a buoyant spring selling season as lenders begin to pass on the 0.25% cut to the official cash rate announced by the Reserve Bank of Australia.
Frequently asked questions What is Lenders’ Mortgage Insurance (LMI)?
You will generally be required by your lender to pay for Lenders’ Mortgage Insurance (LMI) if you borrow more than 80% of the value of a property.