More Rate Cuts Expected?
Is another rate cut on the RBA’s agenda? The Housing Industry Association’s (HIA’s) economist Shane Garrett certainly believes it should be, and the sooner the better, “the RBA has strongly hinted that rates may be lowered in the months ahead and the rate should be cut again in April in order to dispel any uncertainty”.
Considering Investing In Commercial Property or looking at Refinance Options
Right now we have access to some very attractive commercial lending rates for established premises with indicative fixed rates available for 3 years @ 4.39% pa or variable rates from 5.28% pa (lenders terms & conditions apply).
As always please feel free to call us at any time if you wish to review your existing loan facilities or if we can be of any assistance sourcing new finance for you.
Adrian Rogers - Director / MFAA Credit Adviser
Peter Cleary - MFAA Credit Adviser
Until next time...