Down Down, Interest Rates are Down

So far this year we’ve had the official cash rate fall over 75 points. On average the banks have passed on 60 points of this.  On a $400,000 mortgage, this will save $201 a month, or $2,414 a year (that’s a decent holiday!)

So if you’re not sure how competitive your bank is now, get in touch and we can have a quick review.

Matt