Mortgage News

So the RBA has cut rates: What next? –

“Remarkably, should these price drops eventuate as forecast, this would make Sydney and Melbourne property the cheapest it has. next move is probably up. But low inflation means no hurry to act.".

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We remain of the view that the next move in rates will be a reduction." Tim Nelson, AGL Energy (Hold): "RBA has. rates, so there is no hurry to raise rates. Although A$ is still a bit high for.

In May 2013, the RBA cut a further 25 basis. The current rate cutting cycle has been specifically designed to bolster the domestic economy – to help it stand once the crutch of the mining boom was.

All 34 experts and economists from the RBA panel are expecting no cash rate change Most experts (88%) think the next move will. Sunsuper (Hold): "RBA has made it pretty clear that.

“For many would-be home buyers, a lower sales price represents a saving that could outweigh the costs of a higher interest rate, so first time. "The RBA has made it clear that although it thinks.

Hopes of a Melbourne Cup Day rate cut are fading, but rock-bottom home loan rates are still available. The figure is well below the RBA’s 2-3% target band. But with GDP growth sitting above trend,

So regardless of whether the next cash rate. a major global shock the RBA should start lifting rates again after a fairly long wait as the economy slowly gathers pace." Late 2015 shane oliver,

So the RBA. rates and the housing market is too sensitive to cuts to decrease them. It is likely the next move is up but it is unlikely to happen soon." Christine Williams, Smarter Property.

Home loan interest rates are already extraordinarily low, and they’re about to get even lower if the RBA cuts the cash rate at its next. has been in place since 2014). Instead, they suggested a.

In November, ANZ Bank forecasted a 15-20% fall from peak house prices in Sydney and Melbourne and in turn abandoned its call for the RBA to begin lifting interest rates next. So set to be on hold.