Interest Rate News - July 2010
At this month’s Reserve Bank meeting it was decided to leave interest rates on hold for another month as was widely expected.
The link below is to the RBA website if you would like to read more about the announcement.
As far as property goes it is swinging from a seller’s market into more of a buyer’s market. There could be some good buys in the market now and in the coming months for those astute investors out there. You may also be up against less competition.
As with any investment strategy, do your research before purchasing. But those that procrastinate or wait to see if the market will drop further are usually the ones who miss out.
RBA Website Link
