The Reserve Bank left interest rates on hold yesterday but many economic experts think they’ll be cut again as soon as next month.
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Banks are now offering some of the lowest fixed mortgage interest rates ever, with some dipping below 3 per cent.

Treasurer Josh Frydenberg is moving to implement some of the Hayne royal commission recommendations for mortgage brokers, targeting best-interest duties and bonus commissions.

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.

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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