Time for a Financial Health Check

With recent reports that the Reserve Bank of Australia could raise interest rates by at least 0.5% by June, now is a good time to review your position to make sure you have the best loan option for you.  

Key things to check as part of your health check might be:

  1. Current Interest Rates – Do I currently have a fixed or variable rate, and should I consider changing to a fixed rate loan?
     
  2. Loan Repayments – How will a possible rate increase effect my home loan repayments? 
     
  3. Fees and Charges – Should I consider switching to a different lender with lower fees and charges to counteract the rise?
     
  4. Accessing Additional Funds – How will I now be placed to access additional funds for a renovation or additional property purchase?
     
  5. Home Loan Products – Should I take the opportunity to switch to a different home loan product that has better features and benefits that work for me?

Contact us to book in your no obligation financial health check today.