As you would no doubt be aware the Reserve Bank has again left the cash rate on hold for yet another month.
This is great news for mortgage holders across the country. Whilst rates are low you may have the capacity to make some additional repayments which will help you pay off your existing loan quicker. If you are yet to join the mortgage market then low rates are a great time to take advantage of relatively cheap funding from lenders.
The key point whether your an existing mortgage holder or looking for a loan that if the rate on offer does not start with a 3 you may be paying too much.
If you have a spare few minutes and would like to discuss your situation it could save you plenty over the life of your loan.
Give me, Alan a call on 0432281837