Experts predicted interest rate cuts of at least 25 basis points in 2024 … but they haven’t happened.
Now, the big four banks – CBA, ANZ, NAB and Westpac – are split on when the Reserve Bank of Australia (RBA) will issue its first rate cut in 2025. CBA and ANZ forecast it will happen in February 2025, but NAB and Westpac have tipped rates will not move until May 2025.
New figures from Loan Market Group show Victoria has become the nation’s undisputed first-home buyer capital.
Huge thanks to Nathan and the team at Homefree Mortgages for helping us purchase our first house.
This has ranged from a mortgage for a property through to a small short term interim loan.
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