RBA Rate Cut
Pros And Cons Of Interest Rate Drop
On November 3rd, the Reserve Bank of Australia (RBA) announced a record low interest rate cut that reduced the cash rate to an unprecedented 0.10 per cent. A rate cut can prove beneficial with home financing, but the impact depends on what type of mortgage the client has, whether...
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bookmarkTags: fixed or variable, interest rate drop, RBA rate cut
RBA Cash Rate Cut – Will Lenders Pass On The Rate Cut?
The Reserve Bank has unveiled its new measures along with the record low cash rate cut to 0.10%. It is a measure taken to support job creation and the recovery of the Australian economy. Following its traditional Melbourne Cup Day meeting, bank governor Philip Lowe said the...
Read morefolderCategory: Home Loan Articles
bookmarkTags: lenders passing on rate cut, RBA rate cut, Variable home loan rates
