The recent federal budget has flagged increased charges and levies (no taxes) and coupled with rising utility costs everyone is looking for savings where they can.
One thing is for sure that the interest rates crystal ball is still very hazy when it comes to predicting future rate changes. Before the recent RBA announcement, 16 economists surveyed by finder.com.au had all expected the cash rate to remain unchanged. The same 16 economists however differed on when interest rates would rise. Nine economists said it would happen next year, five in 2016, and two declined to comment.
What this amount of differing opinions does show is that the economy will have to stabilise before there is any significant change in the cash rate, up or down.
With interest rates continuing at historical lows, you may find there is a product on the market that is suited to your needs and much more competitively priced than your current home loan.
You may find you are able to save hundreds, if not thousands of dollars a year simply by giving your home loan a health check.
As your local mortgage broker in Noarlunga and the Fleurieu, I will meet with you to better understand your goals and ambitions and then compare your home loan against hundreds of other products to find the right product for your needs both now and into the future.
For a Free Home Loan Health Check, or to discover how you can take advantage of the low rate environment, please call to arrange a time to meet.
Call Fiona Manley on 0421 360 205 or Steve Pratt on 0427 390 929, or
email at email@example.com
We also now offer a range of other services, from personal and property insurance to Financial planning so if you would like to know more give us a call or check out our website www.mortgagechoice.com.au/fiona.manley