Interest Rates Slashed to Record Low — TIME TO REFINANCE?
The Reserve Bank has slashed interest rates at a historic low of 1.5 per cent in a desperate effort to stoke price growth. The RBA last cut its overnight cash rate target in May, taking it to 1.75 per cent, following weak consumer price data in the March quarter. For anyone looking to reduce their monthly repayments perhaps it's time to refinance.
PROSPERA FINANCE — Geoff Norman
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