top of page
Search

Breaking News - Interest rate update

  • Amanda Varidel
  • Mar 1, 2022
  • 1 min read

ree

As widely expected the RBA board confirmed today that the official cash rate would again remain at 0.10%.


With inflation now within its target band of 2-3%, markets have been speculating the RBA will increase rates as early as June this year.


The Central Bank will be closely monitoring for any signs of additional inflationary pressure. Particular focus will be on price rises due to commodity supply chain issues resulting from Russia's invasion of Ukraine and the flood disaster in Queensland and Northern NSW.


With record-low rates on hold for the moment, competitive terms are still available to borrowers who act now.


I deal with multiple lenders every day, so I know just how flexible they can be to keep or win your business.


It never hurts to ask the question, so get in touch to review your options.


Is your home loan still working for you?


Whether you're ready to refinance or looking for a new loan, I'll work to ensure you're getting the most competitive rate.


 
 
 

Comments

© 2023 by Heart Financial Advisers. Powered and secured by Wix | Financial Services Guide (FSG)

|Privacy Policy

  • Twitter
  • LinkedIn
  • Facebook

Stu Varidel AR 324007 and Your Choice Financial Planning Pty Ltd ABN 80124246877 trading as Heart Financial Advisers CAR 323623 are authorised representatives of Sentry Advice Pty Ltd  AFSL 227748.

Disclaimer:​

​

The information contained in this website and any of the resources available through it including eBooks, fact sheets and seminars ('Content') has been prepared for general information purposes only and is not (and cannot be construed or relied upon) as personal advice. No investment objectives, financial circumstances, or needs of any individual have been taken into consideration in the preparation of the Content. Financial products entail risk of loss, may rise and fall, and are impacted by a range of market economic factors, and you should always obtain professional advice to ensure trading or investing in such products is suitable for your circumstances.

​

Under no circumstance will any of Your Choice Financial Planning Pty Ltd trading as Heart Financial Advisers, Sentry Advice Pty Ltd, its officers, representative, associates, or agents be liable for any loss or damage, whether direct, incidental, or consequential, caused by reliance on our use of the Content. This Content is restricted to Australian residents and is for the intended recipient only. From time to time, representatives or associates may hold interests in or transact in companies or products mentioned herein, and may receive fees or other benefits, in connection with the making of any recommendation or facilitating a transaction. ALL Rights Reserved. 

bottom of page