Borrowers & 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.
