Home loan interest rates merit closer inspection

RBA cuts cash rate again in November

All lenders have been busy trying to find the best way to ‘pass on’ the rate cut to their customers.

Whilst most lenders did not pass on the rate cut to their existing customers via their variable interest rate, they did so by lowering the majority of their fixed rates.

With owner-occupied loans with principal and interest repayments being in the low 2% to high 1% range, people are looking to this option more and more.

Now is a great time to check any loans to ensure that you are getting the best rate possible to help save money and build up a buffer. However, please note that there are pros and cons to fixing all of your loan. We often find that a mix of variable and locked-in rates can be a good option to access low rates and build in flexibility.

Please contact our Finance team to discuss your options.

Allan Hall Finance Team

Allan Hall Finance Awarded Brokerage of the Year 2020

Allan Hall Finance was awarded Brokerage of the Year again for 2020.  With this year’s awards being the most competitive in Custom Equity’s history, this is testament to the value Mitchell, Stephen and David provide to our clients and our greater firm at Allan Hall Business Advisors. 

Have you got a question about your mortgage or are you looking to refinance? Get in touch with our Finance Team today who will be able to assist you.