Yesterday the Russian Central Bank raised interest rates from 10.5% to 17% in an attempt to halt the fall of the Ruble. The Ruble however collapsed during trading over night falling 20%.
As an Australian we are not exempt from interest rate rises and a prudent borrower should take action to protect themselves from the impact of any future interest rate rise.
Why not have a health check of your mortgage and consider locking in a low fixed rate on your home loan?
If you would like a free home loan health check call us now on 9317 4814.