Rates remain on hold, borrowers take advantage
The Reserve bank this week chose to keep rates on hold and that there was no reason to follow on from the February rate cut.
Many sales agents are reporting strong results however vendors are having to discount more to achieve a result, this is in spite of rates being the most affordable we have seen since the 1950′s
Many borrowers are also switching and splitting as the savings being achieved are considerable amounts over the remaining term of the home loan.
Call me on 0438 041 111 to arrange your home loan health check and let me find you a better deal and get onto Savings Ave rather than Mortgage Street
As always, enjoy life, work hard, play safe and remember that we are always here to help you
‘Take the Confusion Out of Lending’
Peter Vinci - 0438 041 111