So what does the recent decision on interest rates by the Reserve Bank of Australia (RBA) mean for us? The RBA's latest meeting has given us plenty to talk about, especially considering the current economic climate.
Big banks vs 2nd tier lenders for home loans
US dollar vs. the Australian dollar: Implications for RBA's cash rate decisions
Newsletter Edition 25
In this edition: August 2023 cash rate predictions and forecast peak by the major banks | Inflation slowdown - will the RBA increase the cash rate | Banks raise rates faster than the RBA | Mint Equity Gold Coast office opens | 70% broker market share - why homeowners are choosing brokers over direct lenders and more…
Inflation slowdown: Is the RBA likely to take a breather on interest rate hikes?
Why homeowners are choosing mortgage brokers over direct lenders
Mortgage brokers advocate for their clients and help prevent inappropriate decisions by bank credit assessors who may lack experience. If a consumer approaches the lender directly, there is no one to cross-check policies and decisions, which could potentially lead to a decline and negatively impact their credit report if not rectified.
