Countries including the US and UK offer much longer fixed rate loans periods with some spanning up to 30 years, but these long fixed-rate loan terms are yet to arrive in Australia.
Former Reserve Bank governor Bernie Fraser, told News Corp this week that as low international interest rates have eased pressure on costs for the main lenders, they should be reflecting that in their interest rates independent of whatever the Reserve Bank will be doing.
We are telling our customers to let us take a good look at what’s on offer for them and there’s a lot to offer!
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