The RBA continues to study the effect that the previous rate cutting cycle has had on the economy. For the sixth meeting in a row it has decided to hold the official cash rate steady at 2.50%. What does it mean? • Finance and mortgage costs will remain low • Demand from buyers is expected to remain high • House price growth and sales volumes will remain robust LJ Hooker continued to drive market activity in February with unconditional sales across our network of offices up 30% nationally compared to last year. Did you know LJ Hooker Home Loans consistently offers the lowest standard variable rate in the marketplace? If you have a property finance need visit ljhookerhomeloans.au The next RBA board meeting will be held on Tuesday 1 April.
Posted on: Tue, 04 Mar 2014 04:36:35 +0000