Find out the September RBA decision
September 4, 2019
The RBA has kept the official cash rate on hold at 1.0% at its September meeting today.
The RBA Board has hinted an extended period of low interest rates are required to reduce unemployment and achieve inflation targets. Following cash rate cuts in June and July, there’s been speculation about further cuts before the end of the year to stimulate the economy.
Some lenders are now offering some of the lowest mortgage rates in history. Now is the time to review your loan to make sure it’s right for your needs. And if you’re in the market for a spring property purchase, be sure to speak to us about organising pre-approval on your finance.
Call us today to find out more.