🤯 The world is extremely volatile right now!
RBA could send rates ⬆️
RBA could send rates ⬇️
Banks could slash or increase rates
There’s a federal election in Australia ~ 3 weeks
Will inflation go up or down?
Talk of recession in USA.
One way to gain certainty in uncertainty is to consider a Fixed Interest Rate on your Loan.
It’s not for everyone, but some people love the stability and consistency it provides.
There are many Fixed Rates lower than Variable Rates at the moment (they are costed differently by banks). Which means depending on the term and future movements, it can be a hedge or a win for borrowers.
In many cases, a Combo of Fixed and Variable suits.
There are Pros and Cons to this strategy and structure.
Meet with a Truly Finance broker - highly experienced loan experts.
Truly Finance's advice, financial services and property strategies are generally complimentary. We do this for the best interests of our clients and we relentlessly strive to be the best mortgage brokers!
James Brett. Principal Mortgage Broker ☎️ 0439 591 759
Victor Simone. Principal Mortgage Broker ☎️ 0438 257 888
Andrew O'Brien. Senior Mortgage Broker ☎️ 0451 308 292
Nermalee Bowe. Senior Mortgage Broker ☎️ 0431 274 554
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Credit Representative Numbers 521733, 550284, 550765 & 547037 are authorised under Australian Credit Licence 389328