Business
Have mortgage rates bottomed? – MacroBusiness
Some economists believe that fixed mortgage rates in Australia might have hit their bottom:
The Reserve Bank Of Australia has been buying up government bonds to maintain record-low interest rates.
According to the National Australia Bank, the RBA will own nearly all April 2024 bonds by the middle of this year.
Economists say this will make it unlikely that interest rates will move significantly lower from their current rate…
Equity Economics lead economist Angela Jackson said these conditions made…
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