Will Interest rates decrease further in 2015?

December 09, 2014
Wayne Smith

The Reserve Bank of Australia (RBA) has held rates on hold for all of 2014, but some experts predict they may even reduce further in 2015.

The last 15 consecutive RBA meetings have held the offical cash rate stable at  a historical low of just 2.50%.

Several economic factors, including;

  • unemployment levels,
  • business confidence,
  • value of Australian dollar, and
  • performance of domestic economy
are just some factors that the RBA take into account when they meet.
 
So now is a perfect time for a Free Home Loan Health Check to review your personal situation.

 

To find out more - contact us at Suite 2, 10-12 High St Wodonga or call 02 6056 4433.
Posted in: Interest rates

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