RBA Cuts Rates on Melbourne Cup Day 2011

The Reserve Bank Australia Board announced a cut in interest rates by 25 basis points to 4.5% effective 2 November 2011. The Banks have been encouraged by the Government to pass on the rate cut and there are some competitive fixed rates available. A split loan may be worth considering. So don’t sit on your mortgage, please call me anytime on 0418 279 122 to discuss your personal circumstances. As an experienced mortgage broker, I can help save you time and money by navigating the hundreds of loan opportunities out there to select a loan that suits your needs.