With the RBA predicted to drop the cash rate by February, should homebuyers jump in now or hold off and wait for banks to cut rates?
cash rate
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Potential interest rate cuts by early next year would be a big relief for those with large mortgages. Cash rate cuts would also be good news for most investors.
Cutting rates could see home prices jump $15,300, shrinkflation crackdown, and the number of Aussie women investors has jumped at twice the rate of men.
The RBA decision means that interest rates will likely remain at their highest level in almost 13 years for at least another six weeks.
Rate cuts are 'likely' if inflation maintains its course, as the RBA holds the cash rate at 4.35% at its August meeting.
The rate of household inflation has picked up once again, with the latest CPI data revealing that prices rose by 1% in the three months to the end of June.
The Reserve Bank Board has left interest rates on hold at a 12-year high of 4.35% for the fifth time in a row, so when can we expect the next rate hike?
The Reserve Bank Board has left the official cash rate at a 12-year high of 4.35% following its May meeting.
Borrowing power to get a boost, and cost of living pressure takes an unexpected toll. Here are five things you may have missed this week.
The official cash rate will remain at a 12-year high of 4.35% for at least another seven weeks following the Reserve Bank Board's decision to keep interest rates on hold at its March meeting.
