The RBA announcement on Tuesday has reduced the cash rate by 0.25% to 2%. This is the lowest it has ever been in Australia.
NAB and Commonwealth Bank have passed on 0.20% of the reduction. Westpac and St George passed on 0.22%, with ANZ passing on the full 0.25%.
How does your lender stack up? Call 0405 113 543 or email me to find out!
We also know which lenders are offering discounts on what amounts, so if you want to see if you could be doing better on your loan, give me a call.
It’s a great time to review your loan and make sure it’s competitive and that the features are still what you need.
In other exciting news, we’re thrilled to lauch our e-Book,
It contains all you need to know to get a loan as well as some great information on buying property. It’s a must read for property hunters!
Buying a home is a pretty exciting time, but it can also be stressful.
My job as a mortgage broker is to relieve you of as much stress as I can from the process.
I’ve written this book with that in mind and I hope you find it to be a great resource.
Come and see me, call me, send an email… whatever works for you, I’m here to help!
Remember, to keep up to date like our Facebook page follow us on LinkedIn or Twitter.
Have a great break over the Easter period. Stay safe and have fun.
Regards
Michael
0405 113 543
