Expert Gold Coast Mortgage Brokers
Financial markets have been anticipating a 50% chance of the Reserve Bank of Australia cutting the official interest rates even further this year. It didn’t happen today, as the Reserve Bank of Australia has decided to keep interest rates on hold. It … [Continue reading]
As expected, the Reserve Bank of Australia has decided that the official cash rate will remain at the historic low of 0.25%. Last month, RBA Governor Philip Lowe has told the House of Representatives Standing Committee on Economic that this rate is … [Continue reading]
With the already record low official cash rate of 0.25%pa, the Reserve Bank of Australia has once again decided to hold interest rates where they are, with no end in site of the COVID-19 economic downturn, it is predicted that this rate will remain … [Continue reading]
With little room to move on the already record low interest rates of 0.25%pa, once again the Reserve Bank of Australia has decided no movement for now. In fact, it is predicted that this rate will remain for some time. Do you have an offset … [Continue reading]
After implementing the extraordinary mid-month rate cut in March of this year, the Reserve Bank of Australia has this month left the official cash rate untouched. It remains at the record low rate of 0.25%. The bank remains committed to monitoring … [Continue reading]
With a cut of 0.25% to interest rates on 20 March – well ahead of the usual monthly meeting of the Reserve Bank of Australia – it comes as no surprise the Board has decided to leave rates on hold at today’s meeting. Minutes from the emergency meeting … [Continue reading]
As was widely predicted, the board members of the Reserve Bank of Australia have today made the decision to cut interest rates by 0.25%, reducing the official cash rate to a new record low of 0.50%pa, all eyes are now on the banks to see whether they … [Continue reading]
The Reserve Bank of Australia has held the first meeting for 2020. The Board has decided to keep interest rates on hold at the record low of 1.75%pa despite speculation of a rate cut. However, economists are predicting another cut in rates – perhaps … [Continue reading]
At the final Reserve Bank of Australia meeting of the year, the decision has been made to keep official interest rates on hold. It remains at a record low 0.75%pa. As we draw towards the end of 2019, let’s reflect on the past 11 months – and take a … [Continue reading]
As expected by the majority of economists, the RBA has decided to keep interest rates on hold this month. After three cuts in five months, the official cash rate remains at a record low 0.75%. Is it Time for a Home Loan Refinance? Other than your … [Continue reading]