RBA Cuts Rates to RECORD LOW 1.75%

May 04, 2016
Phillip Stabile

RBA announcement to reduce the cash rate to 1.75% to fight deflation might highlight some broader economic concerns, however, it will put a smile on many mortgage holders faces.

Some lenders have been quick to pass on the full rate cut, bringing to market many home loan rates (both variable and fixed) below 4%pa. ‪#‎RBA‬ ‪#‎interest‬ ‪#‎rates‬ ‪#‎homeloans‬

Posted in: Interest rates

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