Financd Home Loans
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Level 9/204 Alice St, Brisbane City QLD 4000, Australia
Brisbane City, Queensland 4000
+61 403 568 485
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It’s the question everyone is asking: when will interest rates start to fall?
First the good news.
A number of banks, including ANZ and Westpac, are tipping the cash rate has peaked and could stay the same for some time.
Westpac thinks we could see the cash rate fall by September 2024. AMP meanwhile is forecasting rate cuts even sooner.
But … not everyone agrees.
NAB economists expect one more rate hike before the end of 2023, with rates likely to fall by next Spring.
And the Reserve Bank of Australia (RBA), which makes the official rate calls, is warning we could see more rate hikes depending on how inflation and the economy are tracking.
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