by support-admin | Jan 30, 2025 | Blog, Go Mortgage Blog
What Happens When Interest Rates Drop? If the RBA reduces the cash rate, it could significantly impact your mortgage. Here’s what you need to know in our Q&A below: 1. Will Your Bank Automatically Adjust Your Loan? No, banks typically do not automatically reduce...
by gomcadmin | May 2, 2023 | Blog
The Reserve Bank of Australia (RBA) today announced the cash rate will move by .25 percentage points to 3.85%. This follows the release of inflationary data last week that showed annual inflation had cooled slightly in the March quarter (7%) compared to the December...