Home owners are enjoying a welcome combination of record low rates and a highly competitive lending market. Could that make now the time to consider refinancing your home loan? We look at the why you should, when you should and the ‘how to’ of switching to a new home loan.
Are you in the market for a Home Loan, Investment Loan, Equipment Finance, Commercial Loan or simply wanting to review or consolidate your existing loan? Whether it be first home investment or an experienced home owner wanting to add to your portfolio, we can assist with an investment option tailored to you.
So what does this all mean? According to a recent survey by Reuters, the decision to keep the cash rate at generational lows was no surprise to most Economists. If you are a retiree that has relied on your cash income from savings, you may have your hand forced to look for an alternative investment as your situation could be a little vulnerable.