The Real Estate Podcast | What the rate cuts means for mortgage holders and the housing market
This week is all about interest rates. After a period of a high cash rates, translating into higher rates for borrowers – we have now seen the cash rate drop from 4.35% to 3.85%. What does this mean for mortgage holders and the housing market - and what's to come? This week on The Real Estate Podcast we discuss: - The rate cut and savings for existing mortgage holders - How the rate cut may open doors for new buyers. - How borrowing capacity is shifting - What this means for homebuying confidence
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