Good afternoon,
Following their first meeting of the New Year, the Reserve Bank of Australia (RBA) has opted to maintain the official cash rate target at 4.35%. While this is welcome news to many, it dashes the prospect of February rate cuts, a hope sparked by last week’s announcement that the Annual Inflation Rate had dropped to 4.1%.
Although a reduction in Interest Rates seems unlikely following this announcement, there is plenty of competition among Lenders for the best available rates. If you wish to review your current loan against your unique circumstances, please reach out to our Mortgage Broking team who are here to fulfill all your lending needs.
To schedule an appointment or learn more about our offering, please phone or email our accredited Mortgage Broker Matthew Robinson at broking@4front.net.au or your trusted adviser on 07 3875 9888.