Tuesday, February 01, 2011

Interest Rate Breather

Below is a letter from our Mortgage Brokers....

Today, in the monthly RBA board meeting, the board has decided to keep the official cash rate at 4.75%.


Whilst we can take some breather now, we are of the opinion that rates will start to move towards the middle of the year.

We have seen lenders come to market with some very appealing fixed rates around 7.10% for 3 years. While they seem to be trying to capture the rate conscious consumer, we at Liquidity see some of the offerings from lenders as a great opportunity to lock in your rate.

We are always looking at ways in which we to reduce our clients outgoings. This may be in the form of switching products, loan structure or debt consolidation. If you would like to speak to us about ways in which we to can reduce your monthly outgoings, we are more than happy to have a complimentary free home loan health check.

Please call on 02 9290 2777 and ask for Michael or Danny.

Looking forward to assisting you soon.

Michael Luca and Danny Luu
Mortgage Brokers

for a complementary home loan or finance health check  click here

Suite 701, Level 7, 14 Martin Place Sydney NSW 2000
GPO BOX 4013 Sydney NSW 2001
P: +61 2 9290 2777
D: +61 2 8203 0426
M: 0405 113 543
F: +61 2 9262 5788
E: michael.luca@liquidityfinance.com.au or  danny.luu@liquidityfinance.com.au

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