Ryder Real Estate Melton
319 - 321 High St Melton
03 9743 6400
03 9743 6684Contact us
The Reserve Bank has just released some breaking news!
The cash rate has dropped to a historic low of 1.5 percent. The last time the interest rates moved was back in May with a Federal Budget day cut of 1.75 percent.
The new low of 1.5 percent is great news for borrowers. It is predicted that the cut, along with the capital city price growth in the June quarter will furthermore motivate Vendors to list ahead of the spring selling season. The cut will also motivate buyers to make their move into the property market.
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