RBA Holds Rates - What this means for YOU!

The Reserve Bank of Australia has surprised many by holding the cash rate at 3.85 percent, despite widespread expectations of a cut. In this episode of Property Now, we’re joined by Belinda Allen, Senior Economist at CommBank, to unpack what this decision really means for the property market, your borrowing power, and your Coposit journey.Whether you're making weekly Coposit payments or just starting to think about buying your first home, this episode offers valuable insights into what comes next for interest rates, how the market is responding, and what smart buyers should be doing right now.We also dig into new CommBank data revealing how customers are managing their repayments after recent rate cuts and what it tells us about the mindset of today’s mortgage holders.🔔 Don’t forget to subscribe to our channel for more discussions on property trends, financial strategies, and insights into the Australian property market. Hit the notification bell to stay updated with our latest episodes!🌟 If you have a question for the team, a PropTok you would like to send us or are interested in coming on the show, head over to our website to get in touch! https://www.coposit.com.au/resources/property-now📢 Found this video valuable? Give it a thumbs up and share it with friends, family, or anyone interested in saving money and getting ahead in the property market.🏠 This podcast is brought to you by Coposit, where $10k means you can buy a brand-new home. To learn more about how it works and browse properties, visit: www.coposit.com.au