RBA CUTS RATES TO RECORD LOW

The Reserve Bank have just announced a further rate cut today of 25 Basis Points, cutting the official Cash Rate to a record low of 2,25%. This is great news for Mortgage Holders, however it does potentially place further pressure on the already overheated property market, not to mention the impact on investment and savings and those relying on savings in retirement.

Its a good time to speak to us about your existing mortgage and possible financial guidance and advise. Call us on (02) 9564 0700 to arrange a free consultation.

Posted in: Interest rates

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