RBA’s cash rate decision for August

Following its Board meeting yesterday the RBA has announced that it has decided to drop the cash rate by 25 basis points to an unprecedented low rate of  1.50 per cent.

All the major four banks have announced that they will pass on partial rate drops on the variable interest rate home loans.

This is great news for those looking to become First Home Buyers, those looking to invest or looking to expand their real estate empire.

If you, or someone you know, is looking to buy soon then our Buyer’s Agency service could help to take a lot of the stress and uncertainty out of the process.  Interested in how this could help? Call or email us today!

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