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Reserve Bank interest rate cut likely to bolster Australia's. – Commonwealth Bank cut rates on standard variable rate home loans by the full 25 basis points. For owner-occupiers, principal and interest loans fall to 5.12 per cent and interest-only loans fall to 5.67 per cent. For investors, principal and interest loans drop to 5.7 per cent and interest-only loans to 6.14 per cent.

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Slowest rise in house prices for four years

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UK house prices rise at slowest pace in more than four years. – British house prices in the three months to June undershot economists’ forecasts and rose at the slowest pace in annual terms in more than four years as accelerating inflation squeezed the finances of many households, mortgage lender Halifax said. Average house prices in the period were 2.6 percent

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