RBA holds cash rate at record low 1.50% for August

Posted on 3rd August, 2017 in News

RBA cash rate remains unchanged Property Finance Moody Kiddell

The Reserve Bank has opted to leave interest rates on hold at 1.50% again this month, a rate unchanged since August 2016. If you’re looking to purchase a home or refinance your home loan, now could be the right time for you.

Rates continue to remain at all time lows. Lenders are offering specials to investors and home owners to attract new clients. If you are considering a switch or just want to see what’s available please call our property team on 1300 000 657.