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Senior Economists Predict More Rate Cuts . . .

June 6, 2019 in Insider Tips, Latest News, Rate Cuts by admin  |  Comments Off on Senior Economists Predict More Rate Cuts . . .

Many senior economists are predicting the Reserve Bank will announce a further rate reduction in the next month or 2 with a potential 3rd rate cut prior to Christmas.

 Q: Why ???

 A: They believe one rate cut will simply not be sufficient to stimulate the Australian economy to the level the RBA are seeking.

 Many banks appear to agree & are already factoring in further rate cuts by reducing their 2, 3 & 5 Year Fixed Interest Rates to new record low rates.

CONTACT US if you are considering locking part or all of your Home Loan / Investment Property Loan on a Fixed Interest Rate.

 

Posted in Insider Tips, Latest News, Rate Cuts.