RBA has announced the cash rate to be unchanged at 0.25%
The cash rate decision for April has been announced by the RBA with the rate unchanged at 0.25%.
Just 19 days ago the RBA announced a .25% emergency cut in response to the economic threat posed by the COVID-19 crisis, reducing the rate to its lowest ever level.
In response many lenders reduced fixed rates however most did not adjust their variable rates.
If the COVID-19 crisis is affecting your financial situation, please get in touch so we can formulate a plan to manage your loan repayments during these unprecedented times.
I can help you secure the right deal for your circumstances from a wide panel of lenders offering home loans with great features, low fees and competitive interest rates.
If you’d like to chat about the best way to manage your mortgage as the COVID-19 crisis continues to unfold, please get in touch.
Any advice contained in this article is of a general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regard to those matters. Information in this article is correct as of the date of publication and is subject to change.