Rising Interest Rates, the RBA, and the Effect on Property Prices
Nest Realty News

Rising Interest Rates, the RBA, and the Effect on Property Prices

The Reserve Bank of Australia (RBA) recently raised interest rates, and over a million home borrowers are seeing their first increase in mortgage rates ever. While the hike in interest rates comes as no surprise to many, the RBA’s promise that this is just the first of several increases is a point of concern.