Cash rate on hold at historic low of 1.5%
Santa comes early with the cash rate on ho-ho-hold The year has flown past but Australia’s official cash rate isn’t going anywhere. Borrowers were gifted an early Christmas present with the Reserve Bank of Australia holding the cash rate steady at 1.5% to close out 2018. The RBA believes the low cash rate is supporting More…
With the end of 2018 fast approaching, let’s take a rear vision look over the past quarter – and a forward look at what may lie in store in 2019.
In the space of just a few days, we’ve seen big bank rate hikes, no change to the official cash rate, and property prices fall in key markets. Let’s break it down to see what it all means for spring 2018.
The home loan market is dishing up plenty of surprises.
Two years and counting… cash rate holds steady Last month we saw the official cash rate celebrate its second birthday at 1.5%, and this month we’re seeing more of the same from the Reserve Bank of Australia. Yes, the cash rate needle is once again stuck firmly on 1.5% – and it’s great news for More…
We’re now at a record 24 months without a change to the official cash rate, and the RBA seems happy to let the cash rate hold steady for a couple of reasons.
What a way to kick off the new financial year! The Reserve Bank of Australia (RBA) has once again held the official cash rate steady at 1.5%. With the cash rate of 1.5% approaching its second anniversary, homeowners can celebrate the start of the new financial year free from immediate concerns about rising interest rates. More…
The whistle may have just blown on the 2018 World Cup, but there’s also plenty going on in the property and mortgage markets, and recent developments could help you kick some goals of your own.
As we head into autumn, the property market is dishing up every buyer’s favourite combo: low rates and cooler prices.