CEO and Founder of Best Capital Finance, Rachel Hind is advising mortgage holders and business owners that if they are paying more than 3% on their interest rates they are probably paying too much, and doing nothing is costing them money.
“It is time to get on the front foot and proactively search for a better deal, given that another rate cut to the cash rate was given by the Reserve Bank of Australia (RBA) last week, we are now at an all time low of 0.1%. Being complacent is potentially costing you a lot of money, and not freeing up cashflow to grow” she said.
Rachel Hind said that mortgage holders with a variable rate exceeding 3% “really need to take action”.
“I totally get it, we can all get complacent and change is never easy, and getting on top of finances can be time consuming and onerous. There really is no magic bullet to getting this done and change is never a question of our ability, it is a question of our motivation”, she said.
Engaging an experienced mortgage broker will help you save time because as Brokers we have strong relationships with over 100 lenders and can negotiate cheaper rates along with matching the most suitable products.
“I would encourage all Australians whether looking to buy their first home or looking to refinance to access the historically low home loan and business loan interest rates. The low cash rate is driving unprecedented levels of interest rates and creates opportunity for growing wealth through the property market”.
For help with all your financing needs – plse reach out TODAY:
Rachel – 0432 765 156
Email: Rachel@bestcapital.com.au