RBA drops the cash rate: What this means for mortgage holders | Anthony Landahl, Equilibria Finance on Ausbiz
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After the prolonged period of high interest rates for borrowers – we have seen the RBA drop the cash rate twice this year – firstly from 4.35% to 4.10% in February and at last weeks meeting another 25bp to 3.85%.
This week on Ausbiz, we focus on what the RBA Governor now sees as the downside risks to monetary policy, what the rate cuts means for existing mortgage holders and new home buyers as well as more broadly for the housing market.
Anthony Landahl | Managing Director Equilibria Finance
This is for general information purposes only and does not constitute advice. With all of these options there are a number of considerations outside the scope of what is covered in this article that you need to understand to ensure your personal circumstances are taken into consideration.
Equilibria Finance is a mortgage broking practice specialising in delivering residential and commercial mortgage and business and asset finance solutions to the clients of financial advice and accounting practices.
