Interest rate announcement same same

It was a case of same same with the Reserve Bank of Australia’s (RBA) interest announcement holding rates steady for another month, but many are calling for a cut next month.

The March RBA meeting yielded nothing new for mortgage holders but many industry professionals are calling on an April interest rate cut to help stimulate the new home market.

Rates do remain at an all time low, which is a huge relief for many first and new home buyers but remember even if you have a mortgage, you can always review your options and consider refinancing to ensure your mortgage meets your needs.

There’s some discussion about in the industry that new home buyers are not overly affected by interest rate announcements and we’d love to hear your thoughts on this?

For all your mortgage, interest rate and finance needs, you can contact our team of professionals at Choice Home Loans, or call 1300 2 CHOICE.

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