BizSugar.com › Finance › Rates on Hold, But Help on the Way for First Home Buyers | Ocean Home Loans

After making several interest rate cuts, the focus is now on first home buyers, with the RBA leaving the official rate on hold this month. The official cash rate sits at the record low of just 1.00%. While this is good news for many looking to buy property, saving for a deposit is still the biggest impediment for the