No Change 4.10% RBA October Meeting
For the third consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%.
The decision to keep the official cash rate at 4.10% has been a tenative one since inflation numbers have risen in the last month which triggered fears of a new rate rise. It seems their might be more infaltionary pressures that may lead to further rate rises in the coming months. The cost of goods and services including fuel and housing prices are on the rise and it seems that interest rates need to go up before they come down.
If you have any questions about these announcements or interest rates, please feel free to contact us.
If your fixed rate is expiring contact us to see if there are better deals compared to your current lender.
$4,000 cash back from some lenders for refinancing.
Calculate the cost of residential commercial lending please feel free to use one of our online mortgage calculators.
For more information regarding interest rates for home and investment loans for owner occupied and investment purposes please visit home loans website.
For information regarding commercial property loans, business loan, leasing or finance for any other commercial purpose please head over to our commercial loans website.
