Author: ConnectiveAdmin

31 Aug 101 Basics to Refinancing

After the Reserve Bank of Australia cut the official cash rate, some lenders follow the lead. When this happens, consumers are encouraged to consider refinancing. [caption id="attachment_1287" align="aligncenter" width="940"] Should you refinance? | 101 Basics to Refinancing[/caption] You might want to refinance to lower your payment term or...

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17 Aug The truth about interest rate cut: how it affects you

Earlier this month, the Reserve Bank of Australia (RBA) has cut the official cash rate to a historic low of 1.5% to boost economic growth. But what does that really mean for interest rate? [caption id="attachment_1252" align="aligncenter" width="620"] RBA decided to lower the cash rate to 1.5%. How will it affect the interest rate? |...

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