Interest Rates Articles

Ahh, spring. It’s fair to say we love it around here. Consumer sentiment is surging, confidence in the housing market is booming, and the number of experts tipping a Melbourne Cup Day cash rate cut is increasing. Let’s look at why.

Here’s a double shot of good news for homeowners: the RBA has hinted at another rate cut, which economists predict could happen next month. Meanwhile, house prices are tipped to surge 15% post Covid-19.

It’s far from doom and gloom in the residential property market. In fact, more than two-thirds of property investors believe now is a good time to invest.

For avid followers of the RBA’s cash rate, the next few years will likely be “pretty boring”.