RBA Announcement

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The latest cash rate decision is great news for those with home loans

The Reserve Bank of Australia (RBA) has kept the official cash rate on hold at 1.5%, marking the 18th consecutive month rates have remained steady.
The decision was widely predicted by economists, however many expect the RBA to lift its cash rate sometime in 2018 - but most predict later in the year.
South West Credit CEO, David Brown said now is a good time for mortgage holders to refinance to South West Credit.
"By refinancing your home loan to South West Credit and getting ahead on your mortgage repayments, consumers will create a buffer for when interest rates rise" said Mr Brown.


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