by Option Wealth | Aug 2, 2019 | Interest Rates |
Congratulations! The RBA has cut interest rates to record lows. On July 2, 2019 the RBA cut the cash rate another 25 base points, which has the rate at 1.00 percent. So, what does this mean for YOU? You should be able to get a better deal on your mortgage. Given the...
by Option Wealth | Feb 4, 2015 | Interest Rates |
The Reserve Bank of Australia has slashed the official cash rate by 25 basis point to a new record low of 2.25 per cent after growing speculation of a cut. But what does this decision mean for you? Cheaper loans – Assuming the banks pass on the savings, it...
by Option Wealth | Feb 3, 2015 | Interest Rates |
The Reserve Bank’s cut in interest rates has prompted speculation from property experts that the Sydney housing market could be in for another boost. Property prices across the city rose at boom-time levels of 14.1 per cent in the 12 months to December,...