Interest Rates Stable at 2%
The RBA has today announced that in its first board meeting of 2016, it has decided to keep the cash rate on hold at 2%.
Economist expect interest rates to fall or remain stable within the coming months.
As a result of the announcement, I would expect that most lenders will leave their home loan variable interest rates unchanged. Smart Search will continue to monitor lenders for rate changes outside the official rate.
