Another great month. Historically, cash rates have generally been around 5% and interest rates are usually around 2% higher. So we are now near the bottom of the cycle.
The major banks are now meeting the non-banks with fixed rates below 5% and with rates the lowest they have been in around 60 years, it’s something that should definitely be considered. If you would like to take advantage of low interest rates and lock in now contact Kelly Beverley at kbeverley@hlc.com.au for a complementary review of your mortgage.
Leave a Reply