Ocean Home Loans - Recent Posts - page 2
Recent Posts
No Change to Official Interest Rates They say an interest rate cut is not a matter of ‘if’, only of when. Not today, as the Reserve Bank of Australia decided to keep interest rates on hold yet again. The official cash rate stands at 1.5...
08 May 2019
Mortgage Interest Rates – No Change There was rumour of a possible cut in mortgage interest rates this month, but in the end the RBA chose to keep the official cash rate on hold. It remains at the record low of 1.5%pa. Experts continue...
02 April 2019
Reserve Bank - no move on Interest Rates As expected, the RBA Board has decided to keep official interest rates on hold at the record low of 1.5%. Commentators expect this will continue, with the possibility of another cut before the end of...
05 March 2019
Royal Commission yet to affect Interest Rates In the first meeting of 2019, the Reserve Bank of Australia has decided to start 2019 where it left off in 2018 – with official interest rates at 1.50%pa. In what will no doubt result in the biggest ...
05 February 2019
RBA signs off 2018 with no change to Interest Rates At today’s final meeting for the year, the Reserve Bank of Australia decided to once again keep interest rates on hold. It remains at a record low 1.5%pa, with no sign of moving in the near future. I...
04 December 2018
RBA Announcement as Expected interest rates remain at 1.50% While the rest of Australia was placing bets on the Melbourne Cup, the Reserve Bank of Australia has yet again kept official interest rates on hold. It was, in fact, more of a certainty than any hors...
06 November 2018
Official Interest Rates on Hold – but for how long The Reserve Bank of Australia has yet again kept the official cash rate on hold at 1.5%pa. This has been steady for more than two years – but there are signs that these record low official interest r...
02 October 2018
Official interest rates remain on hold The RBA has decided to leave interest rates on hold for the 24th time in a row (the bank do not meet in the month of January). The official cash rate has remained at the record low of 1.50% since Aug...
04 September 2018
No change as RBA holds ground on interest rates No news is good news. With experts predicting the next move is up, the news that interest rates remain at a record low of 1.5%pa is positive for people with mortgages. As August is the last official ...
07 August 2018
RBA Interest Rates remain at 1.5%pa Another first Tuesday of the month, no change – the RBA has announced official interest rates remain at 1.5%pa. Still in the middle of the longest inaction in the history of the RBA, experts believe...
03 July 2018