In these uncertain times I want to remind you that if you or anyone you know is going through financial hardship because of COVID -19 and you/they have a mortgage - then please contact your Bank and request some mortgage relief. This needs to be done by you - not your Broker. They will ask lots of questions but they will try to help you. #COVID19 #stress #financialhardship #homeloan #investmentloan #mortgagerelief #Bank

Central bank employs emergency measures to combat economic impact of COVID-19 pandemic. Effective tomorrow, 20 March, the official cash rate will be slashed to a new record low of 0.25%. The RBA has previously communicated that 0.25% is its floor; rather than moving to 0%, the central bank will likely look to other support measures moving forward. I imagine that the lenders will pass this on very quickly. #ratesdrop #cv19 #COVID19 #pandeic #2020 #mortgage #homeloan #investmen

Interest rates in Australia have hit a new low after the RBA cut the cash rate to 0.75%. This is the third cut since June 2019. Experts warn it won’t stop there, with the financial markets pricing in a cash rate of 0.5% by early next year. While this is good news for any of us who have a mortgage, we will need to wait and see how the Lenders respond to the RBA rate cut. Will they pass on the full cut? Who will cut first? #2019 #mortgage #ratecut #RBA #Banks #Lenders #075 #bor

RBA have just announced that the cash rate will drop by 0.25%. This is welcome news to the large proportion of Australians who have a home or investment loan. #2019 #morgage #homeloan #ratedrop #RBA #investmentloan