Posts Tagged ‘3 yr fixed rates’
Fixed v Variable Interest Rate Home Loans In Australia
I have been asked many times over the last few months by my clients whether I think that they should fix the interest rate on their home loan with three year fixed rates being significantly lower than their long term average. The real question that most of my client’s are in fact asking is Do…
Read More3 year fixed rates at lowest level since 1999
As widely expected the RBA has cut their cash rate by 0.25% to 3.00%. The RBA cash rate is now at the level it got to during the Global Financial Crisis. Should this full 0.25% cut be passed on, it would save someone with a $300,000 variable rate mortgage around $60 per month. The best…
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