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Newsletters
Newsletter
Welcome to our March edition
Millions of borrowers with a variable home loan have seen their interest rates drop in recent weeks after the Reserve Bank of Australia’s cash rate cut. The announcement was welcome news for those struggling with cost-of-living pressures.
For someone with a $600,000 mortgage and 25 years left on their loan, the cash rate cut meant their minimum monthly repayment would drop by around $92.
Meanwhile, in February we saw the housing downturn reverse, with Melbourne and Hobart leading the way. If you’re planning an autumn property purchase, talk to us about getting pre-approved on your finance early.
How a redraw facility can help you
Renovation mistakes that could cost you - and how to avoid them
Is now a good time to buy?
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