RBA interest rate decision ‘welcomed by home owners’

By David Olsen · 6 July 2010 · Cashflow

Home Owners Breathe a Sigh of Relief

The Reserve Bank of Australia's latest interest rate decision has sent shockwaves through the market, but what does it mean for you? Find out how this move will impact your cash flow and mortgage payments.

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Summary

The Reserve Bank of Australia’s decision to hold interest rates at 4.5 percent is welcomed by home owners still struggling after the sharp increases in interest rates earlier this year.

Tags: Finance, Home Loans, Interest Rates, Reserve Bank