Author: admin
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RBA cash rate: what will this mean for mortgage loans?
The last time interest rates were a hot topic was 3 years ago in the weeks & months before the last federal election in May 2019 (it would seem that some things never change!). The RBA cash rate was at an historic low(at the time) of 1.5%. Depending on the lender, variable rates were around 3.7% climbing to…