RBA Cuts Cash Rate to Record-Low 1.50%

The Reserve Bank of Australia (RBA) has further reduced its cash rate by 0.25% – What does this mean for you?

It’s plastered all over the media “record low interest rates”, “time to refinance”, “are you paying too much”. Whilst it can make for great news headlines, what does it actually mean for you?

26 lenders reduced their rates by 7 different margins due to take effect over 14 different dates depending on whether your loan is for an owner occupied property, investment, interest only or Principal & Interest, and how much equity you have in your property. Lucky for home owners and investors like yourselves, Paul at GC Loan Options is skilled at sifting through all this information to bring you the results you require!

Paul advised me that today he successfully gained approval to reduce an investment loan by an extra 0.7%, a saving of approx. $130/mth and the client didnt even have his loan through Paul.

If you wish to find out more, get in touch with Paul on 0411 687 407 or email him: paul@gcloanoptions.com.au