Borrowers are taking an extra interest in their mortages as rates fall.
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The latest decrease in interest rates by the RBA of 0.25 per cent per annum not only eases borrowers’ monthly cashflow issues but also has a dramatic effect on most people’s ability to borrow money. This is because banks and other lenders are now also easing their policies to lend more money, principally because they […]
Borrowers are taking an extra interest in their mortages as rates fall.
The RBA cut the cash rate, but with rates still high non-bank lenders are stepping up as banks tighten their ...
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