
Mortgage News
It's a great time to borrow
Wednesday 4th of February 2009
Mortgage rates have continued to fall following last week’s 1.5% cut in the official cash rate to 3.50%.
The view among market watchers is that it may be too soon to lock into longer term rates just yet. The feeling is that the OCR is likely to fall further bringing more cuts in floating and short term rates. But borrowers need to watch the market closely from now on.
Commonwealth...
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