by Australian Finance Planning | Aug 27, 2014 | Business, Finance, Interest Rate
There have been lots of speculation around if the interest rates are going to stay down and whether we will even see them this low again in our lifetimes. Currently at the time of this blog the RBA has held its cash rate steady for 15 months now at 2.5%. The rate has remain unchanged since August 2013, but according to a survey of 12 economists all saying they have predicted a rate hike in 2015.
So in the next 12 months interest rate are going to go up and you’re not going to be able to take advantage of the incredibly low interest rates the banks are offering. Refinancing existing loans using a fixed rate is one of the most effective way to save thousands of dollars a year.
So you only have the next 12 months to take advantage of these incredible low rates, there won’t be a better time possibly in our lifetime to obtain a loan or refinance.
Get in contact with us for a free consultation to see if you can take advantage.
by Australian Finance Planning | Aug 27, 2014 | Business, Finance, Interest Rate, Refinance
With the current interest rates being slow incredibly low you could be saving thousands a year! Have you refinanced yet?
No? Well, what are you doing?
Everyone wants to improve their cash flow and everyone sits there and says they wish they had more money to do this and that. Yet we are seeing the lowest interest rates we have seen or are likely to see in this lifetime yet not many people are flying out of their seat to refinance their loans.
I don’t know about you but I’d love to save thousands a year. If your Boss came to you and said I would like to offer you a $10,000 pay rise would you be happy? I hope so, and that is potentially what you could be saving by refinancing.The Current fixed rate will allow you to take advantage of these incredibly low rates for years to come. So I ask again why you haven’t considered refinancing?
We offers free loan comparisons for anyone to see if you could save thousands, all our services are free of charge and we would love to help. Get in contact with us today.
More about Refinance here
