Great deals for home loan borrowers
Following this week’s RBA announcement, banks have been dropping their home loans rates.
A rate cut is a perfect prompt for borrowers to get in touch with their mortgage broker or lender and check they still have a competitive deal.
With Australia’s cash rate now at a new record low, there has never been a better time to strike a great home loan deal!
With the falling cash rate, borrowers can save almost $60 a month on the national average loan amount of $400,000.
The record low-interest rate creates real opportunity for first home buyers, investors and refinancers.
Consumers that have been looking to re-negotiate for a more competitive rate, with additional loan features from their existing lender now have that opportunity to put them on notice.
Brokers have never been more important to everyday Aussies looking to enter the housing market, refinance or invest.
Individual circumstances must always be considered, so if you would like some help in assessing your situation and determining your serviceability, or to negotiate the best rate with your bank, contact me on 0418 903 954 or email@example.com