19/02/2025
If you’re a homeowner or looking to buy, you may be feeling a sigh of relief after nearly 3 difficult years of rising interest rates, the RBA has decided to cut the cash rate by .25 percentage points to 4.10%!
The major lenders have been quick to announce a passing on of the rate cut to their variable rate loans. Keep an eye out for your own banks announcement.
Also, if you’ve been wanting to enter the property market, but struggling with borrowing power, this cash rate cut might just give you the edge you need to enter the market.
Whether it’s refinancing, or finding you a home, your finance broker is here to help.
Let’s hope this is the first cut of many ✨