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Monthly Archives: July 2016

Will interest rates continue to go down

July 27, 2016 in Insider Tips, Latest News, Rate Cuts


RBA Cash RateBorrowers & home buyers who are asking “will interest rates continue to go down” will be pleased to learn that the lower than expected Inflation Figures have  Senior Economists confident in their predictions that the Reserve Bank will seek to stimulate the Australian Economy by  reducing the Official Cash Rate to a new record low when the RBA Board meets again on the first Tuesday of the month.

Borrowers can be comforted by this news with the majority of economists also predicting interest rates will remain low for some time to come.

RBA Announcement . . .

July 5, 2016 in Insider Tips, Latest News, Rate Cuts, Rate Rises

Turnbull ShortenThe Board of the Reserve Bank has voted to retain the Official Cash Rate at the record low 1.75% and will continue to monitor the impact on the Australian economy as it reacts to uncertainty following the federal election.

The only good news for borrowers is that hopefully the seemingly never ending election coverage will be over shortly.