The Reserve Bank left interest rates on hold yesterday but many economic experts think they’ll be cut again as soon as next month.
News
Some banks are offering cut mortgage rates below 3 per cent
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29 August 2019
Banks are now offering some of the lowest fixed mortgage interest rates ever, with some dipping below 3 per cent.
Treasurer moves to implement Hayne recommendations for mortgage brokers
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28 August 2019
Treasurer Josh Frydenberg is moving to implement some of the Hayne royal commission recommendations for mortgage brokers, targeting best-interest duties and bonus commissions.
RBA's August minutes forecast long period of low interest rates
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22 August 2019
The latest minutes from the RBA’s August meeting show the central bank expects a long period of record-low interest rates while the economy continues to weaken and the global economy suffers through trade wars.
Melbourne property market is gaining momentum
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21 August 2019
Dwellings that have been hanging around on the market for months have started to sell indicating the downturn has finally ended.
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