Skip to content

Take control of your home loan

As the Reserve Bank lowers the official interest rate to an all-time low of 1.5pc, some of the banks have only passed on less than half of the rate cut. It is understandable for the government and borrowers to be frustrated.

Don’t let the banks dictate your financial wellbeing! Negotiate a loan that benefits your individual situation. It’s important to understand your options when borrowing money. There are an array of lenders out there so don’t limit yourself to your existing bank considering your home loan needs.

Not only do we need to ensure we’re keeping the banks honest by seeking the best possible rate, but we need to assess what type of loan best suits your situation. Aspects of your loan such as variable vs fixed interest rates, interest only vs Principal and Interest, offset accounts, redraw facilities, fees, and loan term all need to be considered in order to make sure you’re not being left behind!

The key to ensuring a healthy relationship with your home loan is to build a relationship with a finance professional that will spend time with you to analyse your situation and provide options that will benefit your financial wellbeing. Call us to arrange an appointment to discuss your individual situation and make the most of historically low interest rate. (03) 5976 8426.

Secure your financial future today!