RBA August 2019 - Should you be FIXING your Rate?
08.06.2019 - By The Property Couch
This is NOT the time to fix your mortgage.
It’s odd, isn’t it? The cash rate is on an all-time low and the lenders have been cutting their rates, both fixed and variable. So why is it not the time to go for a fixed loan?
We know it’s a big statement and that’s why Ben will be explaining all that in today’s RBA commentary folks! Apart from that, he’ll also be covering a variety of topics such as:
* What’s happening with the US-China Trade Deal and how did the US Chair of Federal Reserve, Jerome Powell reacted to it?
* What’s the main focus for the RBA at the moment?
* How will the slight improvement in inflation impact the economy?
* Is retail spending moving in the right trend?
* Have we finally bottomed out in the Property Market or are there a couple more months to go?
Now, let’s dive into RBA August 2019 Cash Rate Announcement!
DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.
The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.
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