We’ve all heard those sage words of wisdom: “Fake it til you make it.” Whether it’s a new job, the first time meeting the in-laws or being stuck in a conversation at a dinner party about NASCAR, it’s a valuable piece of advice that can serve you well in many situations. One place it won’t… [Read More]
Archives for September 2015
What is the deal with the cash rate?
At the start of each month, you are going to hear and see a lot about the Reserve Bank of Australia (RBA) and its official cash rate (OCR). But what does the OCR actually do? You know it has something to do with inflation, and the economy, and most importantly the interest rate on your home loan. So… [Read More]
The meaning of the median house price
Have you commenced the home hunt? If so, you’ve probably been reading a lot about median house prices in whatever areas you’ve been looking. For instance, if you looked at the CoreLogic RP Data Hedonic Home Value Index for May, you might have found the median price in Melbourne is $569,500, or that it’s $463,000… [Read More]