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Why a rate pause won’t save homeowners
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Experts have warned an RBA rate hold does not mean rate relief as cost-of-living pressures continue.
Aussie mortgage holders are already teetering on the edge of financial survival as the RBA prepares to hand down its latest cash rate decision.
Finder money expert Taylor Blackburn says Australians won't be facing rate relief anytime soon.
Picture: SuppliedThe alarming advice comes as economic experts predict the RBA will hold the cash rate at 4.35 per cent on Tuesday.
Many believe the pause may just be a temporary consolation, with 44 per cent of experts predicting one more hike before the end of the year.