Home owners need to start preparing for higher interest rates and thousands of dollars a year in extra repayments after the Reserve Bank of Australia gave its strongest indication it will start increasing rates this year. Big bank economists are pencilling in a rise in the cash rate in June from 0.1 per cent – …
Sydney, Melbourne mortgage repayments to rise by thousands a year Read More »
Somewhere between boom and bust is a holding pattern where the Gold Coast property market sits right now. The release of CoreLogic’s home value index confirmed house prices had fallen in the big smoke markets of Sydney and Melbourne, by 0.2 and 0.1 per cent respectively, for the first time since the pandemic. Nationwide, REA …
Comment: Where Gold Coast property sits between boom and bust Read More »
The income summary contra asset account is a temporary account where all the temporary accounts, such as revenues and expenses, are recorded. Debit income summary for the balance contained in the income summary account. For instance, a company with a $5,000 credit in the income summary account must debit income summary for $5,000. This entry …
The home took a village, as well as a collective lot “of blood, sweat, tears and cash,” said Robert Gignac, chair of the foundation’s board of directors. The Review Review Harbor House Sudbury native spent time in prison, experienced homelessness and attended several detox and rehabilitation programs across Massachusetts, none of which seemed to worked. …
Believe in recovery: Sober living facility opens in Lowell, honoring former resident Read More »
Australia is in a precarious position as inflation expectations soar and forecasts predict a very worrying sign for mortgages. It’s not all bad news though. ANALYSIS With Australian inflation expectations soaring on the back of higher petrol prices, futures markets have ramped up their forecasts for Australian interest rates. The latest futures market forecast has the Reserve …
How high will interest rates go and what will your mortgage be? Read More »
