So… It finally happened. New fixed rates from 2.99%
We are now in a market place where we are able to obtain a 3 year fixed rate of 2.99% !
Yes, 2.99% (comparison rate of 3.53%) and this is effective as of the 28 June 2019.
There are some conditions like the fact that is needs to be new borrowings of $300,000 or more and application received on or after 28 June 2019.
There has never been a better time to refinance your home loan especially as we are now seeing rates like this coming around the corner!
The best thing about this is that the lender is happy to go to 90% LVR so even if you need to get LMI this will still be active.
So it doesnt matter if you are an experienced property investor or you struggle to understand what LMI or LVR’s are… get in contact now below and me and my team will be happy to assist.