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Interest rates - Where to from here?
Saturday, August 01, 2009
It's always a hot topic of conversation and while it hasn't been making headlines over the last few months, it looks set to again with the Reserve Bank warning of increases to the official cash rate in the near future.
Interest rates are still historically low and the smart home owner would have been paying as much off the mortgage of late to take advantage of that.
While we certainly wouldn't want to give specific advice on what you should be doing with your loan (you should talk to your accountant or advisor), it may be a good time to look at your overall finance requirements.
There are so many options out there from honeymoon rates starting at less than 4.5% through to interest only loans, fixed terms and mixed variable and fixed term loans available.
If you would like to look at finance options with over 30 lenders, please don't hesitate to contact Robinson Property Finance on 4927 8144 or e-mail laurie@robinsonpropertyfinance.com.au.