by Wendy Chamberlain | Aug 6, 2024 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging
Earlier today the Reserve Bank of Australia announced its sixth consecutive decision to leave the cash rate unchanged at 4.35%. While many were hoping for cuts to their mortgage interest rates, this decision was widely anticipated as inflation hasn’t fallen as...
by Wendy Chamberlain | Jun 18, 2024 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging
Interest rates didn’t decrease today as many mortgage holders hoped, but neither did they rise. Around the world central banks are beginning to cut their interest rates, but the Reserve Bank of Australia (RBA) left the cash rate on hold at 4.35 per cent. The...
by Wendy Chamberlain | May 7, 2024 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging
Relief for home-owners today as the Reserve Bank Board announced its decision not to raise interest rates, leaving the cash rate unchanged at 4.35 per cent. While inflation remains high, it is moderating albeit at a slower rate than expected, with the...
by Wendy Chamberlain | Mar 19, 2024 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging
At the RBA’s March 19th meeting the decision was made to leave the cash rate unchanged at 4.35 per cent. While inflation remains high, it does continue to moderate as per the RBA’s forecasts. The monthly CPI indicator held steady at 3.4 per cent with the...
by Wendy Chamberlain | Feb 6, 2024 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging
Mortgage holders welcomed today’s decision from the Reserve Bank of Australia to hold the cash rate at 4.35 per cent after their first meeting of the year. Although CPI rose by 0.6 per cent in the December 2023 quarter, annual inflation fell from 7.8% in...
by Wendy Chamberlain | Dec 5, 2023 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging
With everyone’s Christmas Wish List topped with ‘no December interest rate rise’, the Board’s decision today to leave the cash rate target unchanged at 4.35 per cent is a relief to many. Last month saw the first rate rise in four...