Home Owners Banking Rate Cut

Most home loan customers are planning to use the latest reduction in interest rates to increase their mortgage repayments, a national survey has found. The Priority Lending poll which asked “How will you take advantage of the May interest rate reduction?’ found 57 per cent said they would be using the extra money to boost…

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RBA Finally Offers Some Relief

Struggling sectors of the economy and home owners battling cost of living increases will be satisfied the Reserve Bank of Australia (RBA) has finally offered some interest rate relief, says leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman said the RBA lowering its cash rate by half a percentage point to 3.75 per cent…

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