WA Terraine - September 2013
Local Outlook Homeowners poised to take advantage of positive outlook in WA
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 Western Australian 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.