Why interest rates could be set to rise in 2022, and what it means for homebuyers

Jack Needham
Updated July 6 2021 - 3:15pm, first published 3:00pm
One third of economists recently surveyed by Finder believe the cash rate will rise in 2022. Photo: Shutterstock
One third of economists recently surveyed by Finder believe the cash rate will rise in 2022. Photo: Shutterstock

The Reserve Bank of Australia has opted to keep the official cash rate at its current record-low following its latest board meeting, but a number of economists say that growing inflation means rates will rise earlier than predicted.

Jack Needham

Jack Needham

Property News Editor

Jack has been writing about real estate since 2015, covering residential and commercial property markets throughout Australia for the likes of Smart Property Investment and Domain. He has also spent time in the United States researching real estate trends, with a focus on housing affordability issues, for the California Association of Realtors.

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