Christies Beach 
At today’s meeting the RBA decided to leave interest rates on hold at 0.75 per cent.
This does not come as a surprise, as rates went down 25 basis points in October. According to finder.com.au they predicted rates would remain on hold based on surveys from over 40 economists and property experts.
Finder also predicts, based on these surveys, that rates will go down as low as 0.50 per cent. We don’t know what will happen but if you are in a position to do so, it could be a good time to make extra repayments on your mortgage.
Speak to your financial adviser first to discuss what is the best option for you and your financial situation.
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Interest rates to remain on hold
05/11/2019
Article posted by Melissa Chaplin
