Breaking RBA Update The Reserve Bank of Australia has increased the official cash rate by 25 basis points, taking it to 3.85 percent. This move has raised concerns for many mortgage holders. It does not impact every borrower the same way. Your loan structure, lender, and options matter more than ever right now. If you are worried about repayments, thinking…
The Reserve Bank of Australia has held the cash interest rates at 3.6 per cent as Aussie borrowers from a pre-Christmas rate hike, keeping the cash rate target on hold in its last meeting for 2025. Here is what this means for you. Your repayments will stay the same for now, but the RBA continues to monitor inflation and spending…