The main banks expect official interest rates of around 3% by the end of the year
“The RBA cannot simply hope that the (long-delayed and still uncertain) relaxation of global inflationary pressures will bring inflation back to target.” In April, a household with a 30-year mortgage of $800,000 was making payments of almost $3,600. Your repayments would come to $4,413 a month at a 2.85 percent cash rate, and $4,664 at …
The main banks expect official interest rates of around 3% by the end of the year Read More »