Rates on hold, Act NOW!
With fixed rates on hold, the question on everyone’s lips now is for how long?
The Reserve Bank of Australia have kept rates on hold yet again, which may be an encouragement for some to get a better deal on their home loans as a first home buyer, investor or even a great time to refinance your current home loan.
While many may not realize it, a small cut can make a big difference to people’s repayments over the years. Over 25 years, cutting just a little is a saving of almost $50,000 on the average $300,000 loan – a sum not to be laughed at.
The consistency of the official cash rate is great for first time buyers and homeowners alike, as the property market continues to remain strong. Why not fix your rate lower for the short to medium term and own your home sooner.
Contact me today to take advantage of record rates on hold to discuss your loan while you still can 0414 313 107.