FIXED RATES ARE DROPPING- 22/08/2011
Many Lenders have reduced their fixed rates in anticipation the Reserve bank of Australia
will cut rates due to the slowing of the economy and the Global Financial Crisis.
In the last week Citibank, St George, ANZ and Westpac are amongst the Lenders that have
reduced their rates. It may be a good time to consider locking a part of or your entire current mortgage.
However, there may be penalties with fixed loans and it should meet your overall finance
strategy and allow you to reach your planned future goals and requirements. Speaking withan Independent Finance Expert is a wise step before making these
decisions and good Finance Broker will be able to help you with these sometimes difficult decisions.
