Rate Cuts Opens the Door to Your Dream Home
Finance /20.05.25
At it's board meeting today, the Reserve Bank of Australia (RBA) announced a 0.25% reduction in the cash rate from 4.1% to 3.85%. Many economists are forecasting three further cash rate reductions of 0.25% in 2025. The flow-on effect on interest rates is great news for prospective home builders and buyers, as well as homeowners, particularly those with a variable rate home loan.