Homeowners across the nation are praying the RBA places a pause on rates of interest hikes.
And there have been some good indicators on Friday, with one financial institution saying they imagine the worst is over.
“The big question is will the RBA stop, take a breather, and maybe not inflict more pain on Aussie homeowners next month?”, asks host Colin Ebsworth on the newest episode of The West Australian’s new finance present Trading Up.
“Westpac came out today saying it thinks the RBA will pause on rates and that there will be just one more rate hike this year.”
Westpac on Friday made a shock name on rates of interest – decreasing its forecast that the money fee can be hiked as excessive as 4.1 per cent.
Instead, the most important financial institution predicted rates of interest will peak at 3.85 per cent and that the RBA will even put a pause on any charges hikes in April.
However, Westpac chief economist Bill Evans has predicted that rates of interest can be raised for a last time this 12 months in May to three.85 per cent.
Also within the newest episode, Trading Up explores the large payday for Ryan Reynold’s Mint Mobile, which can be part of the T-mobile household.
WATCH THE LATEST EPISODE IN THE VIDEO PLAYER ABOVE
Source: www.perthnow.com.au
