What is the effect of the cash rate hike on my monthly repayment?
This chart compares the monthly repayments made before and after a recent increase in cash rates. These example loan repayments are based on our repayment calculator and the lowest variable rate that we offer for 30 years as of November 1, 2022. Rates may change after this date.
The housing values continue to decline.
The chart below compares the rates of decline in housing values between September and October.
When should I buy the property?
It’s not always in your best interest to purchase a home. You could miss out on a great deal or be priced out of properties currently available.