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RBA remains on the sidelines for the first-half of 2017.

At its May meeting, the Reserve Bank of Australia elected to keep the official cash rate on hold at 1.5 per cent. 

What this means for you:

  • The past month delivered improving economic data to consider which influenced their decision.
  • Lenders are continuing to move Interest rates outside of the RBA’s decision, highlighting the need to seek expert advice about your home loan or investment property.
  • The debate around housing affordability, negative gearing, capital gains tax discounts and borrowing through Self-Managed Super Funds continues, it will be interesting to see what the federal budget holds next week.

We have access to hundreds of loan products from Australia’s leading lenders, and the experience to guide you through your maze of choices. 

For a free home loan review, please contact Josh Durrant: on 03 9686 4976 / jdurrant@choicecapital.com.au