No change to Rate
As each month goes by and the Reserve Bank makes no change to the official cash rate, we get closer and closer to the next movement upwards. The vast majority of experts believe this to be inevitable and our view is very similar.
Besides, investors have been experiencing increases from the Banks for some time and the majority understand that increases are not to be feared because there will be opportunities arising from this next phase.
We believe that being prepared for change makes taking advantage of the opportunity more likely.
How prepared are you for what’s coming? Have you reviewed your budget recently and taken control of your cash flow? Have you maximised your reserves by refinancing and restructuring? At the very least you should have an understanding of what an interest rate increase would do to your cash flow.
Call us today and discuss how the RBA decision affects your situation with one of our experienced Mortgage Advisors on 1300 663 836 or email firstname.lastname@example.org