Category Archives: blossom news

May Mortgage Repayment Tip

Banks will generally structure a home loan for a 25 to 30 year term, which allows them to maximise the amount of interest repayments that they will receive from you over the life of the loan. For example, you will pay a total of $630,000...
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RBA Minutes May 15th

The RBA today released minutes from the May meeting. As most of you are aware, the outcome of that meeting was the cut to the official interest rate to 3.75%. The minutes give good insight into the reasons behind this decision and also provide a...
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Rate update

ANZ has today played their hand in the interest rate game. They have decreased interest rates by 0.37%. This is average across the majors and smaller lenders. It is understandable to note that customers, both existing and those searching in the market place are disappointed...
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