How much interest rate cut did you receive? Last Tuesday the Reserve Bank(RBA) reduced the official cash rate by 0.25%. In times gone past, this would have automatically meant an interest rate cut on your home loan of the same amount. Not anymore. Over recent years banks and lenders have actively trained us to expect […]
Variable vs fixed rate home loan
Variable vs Fixed interest rate home loan I thought it timely to revisit this often discussed topic given current low home loan interest rates. Both types of loans have their advantages and disadvantages. The interest rate of a variable rate loan will go up and down based on changes in the Reserve Bank cash rate […]
Has your home loan gone stale?
Home Loan Review
Home Loan Review When was the last time that you did a home loan review? If it’s more than three years ago, it’s worth a look. If it’s more than five years ago, definitely. If it’s more than eight years ago, absolutely. Why take the trouble? Quite simply, things change and home and investment property […]