RBA’s record interest rate cuts have buyers buzzing in Townsville

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THE Reserve Bank of Australia’s highly anticpated announcement of a historic rate cut has the Townsville property market buzzing, with first home buyers gearing up to pounce, and investors expected to get back into the local market.. rba’s record interest rate cuts have buyers buzzing in.

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"If I have a million-dollar loan and a broker takes my interest rate down from 5% to 4%, he or she saves me $10,000 a year on an interest only loan, and if the broker gets $1,500 or 0.15% trail, I don’t care," Peter Switzer articulated in the Switzer Report released last 5.

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RBA’s record interest rate cuts have buyers buzzing in Townsville RBA’s record interest rate cuts have buyers buzzing in Townsville.. Buyers in the Driver’s Seat in Current Property Market.. Money. rba rate cut good news for mortgage holders but not for property prices. real estate. The ultimate State of Origin battle for Australia’s.

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Originally published by AMP Capital. The Reserve Bank of Australia’s recent call that neutral interest rates could be about two percentage points above current record lows, marks a line in the sand that borrowers should prepare for, according to discussions at a recent AMP Capital Insights forum.

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THE Reserve Bank of Australia’s highly anticipated announcement of a historic rate cut has the Townsville property market buzzing, with first home buyers gearing up to pounce, and investors expected to get back into the local market. The post RBA’s record interest rate cuts have buyers buzzing in Townsville appeared first on realestate.com.au.