Borrowers have longer to wait for mortgage relief as the Reserve Bank of Australia holds the cash rate at 4.35 per cent at the November meeting.
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The cash rate was held firm at 4.35% in June, having been at this level since the 25- basis point rise in November last year, and up 425 basis points since the record low of just 0.1% between November 2020 and April 2022. For some longer-term context, the current cash rate setting is 1.8 percentage...
Borrowers have longer to wait for mortgage relief as the Reserve Bank of Australia holds the cash rate at 4.35 per cent at the November meeting.
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The Reserve Bank of Australia has kept interest rates at 4.35 per cent.
The Reserve Bank of Australia has kept interest rates at 4.35 per cent.
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