Interest Rates
Look Left, Look right, Look Left Again!!!
This week’s interest rates -
1. RBA - on hold at 1.5% - this has been the state of play now since
August 2016. The RBA statement says “the low level of interest rates
is continuing to support the economy”.
Well, that sounds good.
2. Banks - all putting their rates up!!!
One by at least 14 basis points.
Ouch!
3. Real Estate price forecast - Capital Economics data released
this week has exposed the biggest downturn in one month
since the GFC.
Possibly a 12% house price fall overall?
Put yourself behind the wheel.
Stay in control.
Be ready to take advantage of the opportunities still to be discovered!
CREDIT STAR can help navigate to your destination.

Comments
Post a Comment