Huge rates prediction ahead of RBA meeting
Mortgage payers have been warned against complacency, despite expected welcome news around Tuesday’s all important cash rate announcement.
Mortgage payers have been warned against complacency, despite expected welcome news around Tuesday’s all important cash rate announcement.
Relief could be on the way for mortgage holders across the country as experts tip a rate cut might be on the cards before Christmas.
Inflation has hit 3.8 per cent for the June quarter, but some economists say that figure has given the Reserve Bank room to keep rates on hold.
Inflation has hit 3.8 per cent for the June quarter, but some economists say that figure has given the Reserve Bank room to keep rates on hold.
The Aussie share market plunged on Tuesday to its lowest level in six months following a rout in US Treasuries overnight.
Borrowers have been offered some brief reprieve with the RBA’s latest decision, but it’s come with a warning.
Australians are paying an enormous chunk of their income in mortgage and it’s about to get a whole lot worse for millions.
Millions of homeowners are expected to be spared another punishing rate hike, but the RBA is set to issue a warning that further increases are yet to come.
There’s been a dire prediction about interest rates that no Aussie wants to hear, ahead of the RBA’s monthly rate decision today.
Amid warnings from economists, the Reserve Bank will weigh up whether a further rate hike is needed to tame inflationary pressures when it meets on Tuesday.
It’s the last thing Aussie mortgage payers need as another interest rate rise looms amid a volatile global economy.
Households could be served with another rate hike before the end of the year as surging petrol prices push inflation higher.
There’s bad news ahead for interest rates in the US but there’s a sign Australia may just escape the rates onslaught.
Despite positive figures on paper, people in one Australian city are feeling the pinch from soaring rents and massive mortgages – and things are tipped to get worse.
Original URL: https://www.goldcoastbulletin.com.au/business/economy/interest-rates/page/79