The RBA held the cash rate at the historic low of 0.75% today, as Australians lose confidence in their household finances and the nation's economic outlook.
While you could sit back and hope your current lender passes on the latest rate cut in full, taking charge and seeking out a better deal instead could see you shave thousands off your annual home loan repayments.
A strong rebound in Sydney and Melbourne housing values wasn't enough to stave off a rate cut today, with the RBA slashing interest rates to a new record low.
The RBA held interest rates at its September meeting today, and the resurgence in Sydney and Melbourne housing values was likely a key topic of conversation.
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