Interest Rate Shifts: What They Mean for Today’s Real Estate Market

The real estate market has been through a rollercoaster of interest rate changes in recent years. Understanding these shifts—and what they mean for you—can give you a real edge whether you’re buying or selling a home.

RBA Drops Rates to an all time low.

RBA Drops Rates to an all time low.

The Reserve Bank of Australia (RBA) has announced its decision on the official cash rate for March amid speculation the fallout from COVID-19 would force the bank to ease monetary policy.  The RBA has announced its fourth rate cut in the past 12 months, slashing an already historically low interest rate to 0.5 per cent.