We could see interest rates come down and then go right back up. Borrowers must keep this in mind, especially as we enter a period of increased instability given what’s unfolding in the Middle East.
Mark Bouris Debunks Interest Rate Myths
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In The News
RBA Board Leaves Rates on Hold
The official cash rate is on hold at 4.35% for the seventh consecutive meeting.
Multiple Lenders Make the Move to Cut Interest Rates
“Don’t expect any supply-led solution to the housing affordability crisis.”
“Resolute” RBA Keeps Rates on Hold
The official cash rate remains at 4.35%, where it has been since the RBA last increased rates in November 2023.
RBA August Prediction: Interest Rate Drops Still Beyond the Horizon
With the June quarter data showing inflation continues to shift downwards, those of us watching closely might hope it’s enough to encourage the RBA to take rate hikes off the table but there’s still enough uncertainty to have commentators debating.
Interest Rate Forecast: What to Expect from the RBA’s June 2024 Meeting
Even if the average Australian has tightened their belts considerably there are still many out there with plenty to spend and the data is showing it.
Mixed Messages: RBA May Predictions
With inflation slowing less than expected over the last quarter, bets are shifting around the upcoming RBA cash rate announcement due early May, 2024. Find out more about which way will we go!
RBA Leaves Interest Rates on Hold
The RBA has announced that the official cash rate is on hold at 4.35%
Major banks make interest predictions for March
Well, predictions are in and it seems likely that the RBA will hold rates again when they announce their decision on 19 March. Read on for more!