October Interest Rate Rise
Did you know prior to May 2022 we hadn’t seen the RBA raise interest rates since March 2008; when the cash rate was 7.25%.
Following yesterday’s sixth consecutive rate rise,
the cash rate now stands at 2.60%.
You may be asking yourself if it’s a good time to refinance and, while that largely depends on your individual situation and goals, there are mounting reasons why refinancing should be on your radar.
Please click here if you would like us to forward your details to our friends at Addisons Advisory so see if they can find you a better deal on your home or investment loan.
Kind regards,
SaabTeece
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