What an amazing start to 2019! Low interest rates, improved housing affordability and a strong employment market are creating great opportunities to achieve your property goals.
April has once again seen the Reserve Bank of Australia (RBA) keep the official cash rate on hold at 1.5%.
“No change” says the RBA The Reserve Bank of Australia (RBA) is once again staying on the fence, keeping the official cash rate on hold at 1.5%. The RBA’s ‘steady as she goes’ approach will be welcomed by home owners. Stable rates are a real plus for managing household spending and planning your finances for More…
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.