The RBA has left interest rates at a cash rate of 2% where it has been since May 2015. The current cash rate is 2%
‘Despite falls in Melbourne and Sydney property prices in December the Reserve Bank has decided to let the APRA enforced increase in bank interest rates play out for another month’, Aviser’s Martin Ryan says. ‘It’s an interesting time in the market. Today the RBA Chief Glen Stevens was described as an Emperor Penguin guarding the delicate economic egg of just enough stimulus. We’d like to guide you through the reactions of the lenders to ensure that your lending is optimal for you and yours.’ If you aspire to take advantage of the current environment – whether you are looking to buy or already have some lending – contact us at Aviser Finance.