The Reserve Bank of Australia (RBA) has cut the official cash rate to 1.25 per cent, following its monetary policy board meeting.
There 's more than 100 mortgage providers in Australia, so if your lender doesn’t pass on the full cut, cut them says Scott Grainger of Cashbox Finance an independent leading Mortgage Broker in WA. Scott and his team will shop it around for you, because there’s a good chance they'll find a lender offering a better home loan at a lower interest rate. Many lenders are also offering cashback incentives to refinancers.y policy board meeting. There 's more than 100 mortgage providers in Australia, so if your lender doesn’t pass on the full cut, cut them says Scott Grainger of Cashbox Finance an independent leading Mortgage Broker in WA. Scott and his team will shop it around for you, because there’s a good chance they'll find a lender offering a better home loan at a lower interest rate. Many lenders are also offering cashback incentives to refinancers.
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