HomeMate.com.au

The Reserve Bank board has left the official cash rate unchanged at 4.5 per cent,

As Mr Mortgage predicted earlier, the official cash rate has been left unchanged, with the decision announced moments ago.

House prices are topping out in most Capital cities as the constant talk of more hikes in mortgage rates, both from the Reserve bank of Australia and major banks saying that their margins are being eroded in the funds market, and they will be moving to preserve then. Housing Affordability dips as house prices lift [...]