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Rates still on hold

It has now been a year since the Reserve Bank cut interest rates with Australia enjoying one of the longest periods of interest rate stability on record.

The decision to leave the cash rate on hold at 2.5% on Tuesday came as no surprise to the twenty experts surveyed by mortgage comparison website finder.com.au

All twenty predicted inaction from the central bank in August and only two are anticipating a rate increase before the years end. The remainder have taken a punt on rates rising in either the first or second half of 2015.

OPEN FOR INSPECTION

Saturday August 9, 2014

11 Hartley Street, Aireys Inlet  2.00 – 2.30

James Worssam

0418 585 815

james@greatoceanroadrealestate.com.au

Posted by Great Ocean Road Real Estate on 8th August, 2014