The RBA’s September 2017 board meeting have again decided to keep the Official Cash Rate on hold.
Most of us are quite blasé about the Reserve Bank announcements these days.
It’s hard to see a call for lowering rates being successful while the economy is still sluggish and the Banks keep doing the heavy lifting by pushing interest rates up every chance they get.
The question on everyone’s lips should be whether there will be any movement before next year?
For investors, interest rate increases are a fact of life in the current environment. Regardless of what the RBA decides the Banks will be calling the shots on how much you can borrow for some time to come. We believe that a “Review and Replace” strategy for both Mortgages and Property could hold the key when the market is in Governance overload as it is right now.
With that in mind maybe it’s time to look at ways to pay off your Home Loan and the 2% Home Loan option for investors that we have access to is very popular right now.
Why not discuss your situation with one of our experienced Mortgage Advisors today?
Call now to book a review with one of our mortgage specialists on 1300 663 836 or email email@example.com