A rule that exists in the US could be the key to solving skyrocketing mortgages says finance guru Mark Bouris.
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In The News
RBA Puts Rates on Hold in First Meeting of 2024
The RBA has left the cash rate on hold at 4.35%.
Will the RBA Make Changes to the Cash Rate in the First Meeting of 2024?
Will the RBA alter the existing monetary pivot in its first policy meeting of the year? And what does this mean for you as a potential home buyer, existing homeowner or just anyone keenly observing Australia’s fiscal prospects?
2023 Recap: What Happened in Australia’s Property Market
CoreLogic has released its “Best of the Best” report for 2023 identifying the top-performing suburbs and regions for house prices and returns, whilst giving insight on how Australia’s property market will shape up in 2024.
Holiday Hold: RBA Pauses Cash Rate Hikes
The RBA board has decided to hold the official cash rate at 4.35% in the final board meeting of 2023.
December Cash Rate Predicted
In somewhat positive news for mortgage holders and Australians, annual inflation fell to 4.9% in the 12 months to October, a significant decrease from the year to September, where inflation was 5.6%. It’s a long way from the peak of inflation in December 2022, which reached 8.4%!
The Rate that Stops the Nation
The RBA has delivered an increase of 0.25% to the official cash rate, leaving it at 4.35% for November.
Holding Pattern Continues: Rates on Hold
Interest rates remain on hold for the fourth consecutive month, as the Reserve Bank of Australia (RBA) left the official cash rate at 4.10% at the October board meeting.
RBA PAUSES: Interest Rates Remain Steady
The cash rate is on hold for the third consecutive month as the Reserve Bank of Australia (RBA) Board held its monthly meeting in which it sets the official interest rate. The Cash Rate remains at 4.10%.