Interest rates | Professionals Christies Beach RLA266739 - Your real estate professionals in Christies Beach, Morphett Vale and surrounding areas in South Australia

Interest rates

Christies Beach Blog | Investment Information 4th June, 2019 No Comments
Australia - low interest rates - Christies Beach real estate

After much discussion about rates going down, the RBA has decided in its meeting today to lower interest rates to 1.25%.

Whether interest rates go up or down, it is hard to say how much the real estate market will change. After speaking with several buyers for them, the most difficult obstacle is the banks. There are buyers out there but they are just finding it difficult to get the finance.

Some people are saying the market will go up, while others are saying it will go down. It will be interesting to see what happens in the next 12 months.

Click here to read the full statement by Philip Lowe.

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Interest rates

04/06/2019

Article posted by Melissa Chaplin