Market Report

Market Report: March 2017

Property Market Update The month just passed saw something unusual happen. The big four banks, along with most other lenders, raised interest rates. That is not what was unusual. What was unusual was that the rise did not follow any move from the Reserve Bank of Australia. When the RBA meets each month, it sets a target cash rate for interest rates throughout the economy. It then enters the lending markets and buys or sells such that its market rate is achieved. So, if the RBA decides that interest rates need to rise or fall, it involves itself in the…
Andrew Martin
May 4, 2017
Thank you! Your subscription has been confirmed. You'll hear from us soon.
MartinCo eNewsletter
Fill Out Your Details Below To Signup For Our Monthly eNewsletter.