Aussie Brad Ritter

Did you know that 53% of homeowners on a fixed-rate loan, do not know what their revert rate is? ​

At a time when increased cost of living is putting pressure on households, over half of home loan holders on a fixed rate have not yet made plans or budgeted for when their fixed rate expires.​

​For support, talk to me about your refinancing options. ​

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Since the latest RBA rate rise announcement, three of the four big banks will be increasing their variable home loan interest rate by 0.50% on September 16, with Westpac yet to comment on whether they will be passing on the rate rise to their home loan customers.​

If you think your household may be impacted by the latest rate rise, let’s talk about your home loan options. ​

I understand during difficult times that defaulting on your home loan might be a possibility. But there are ways to prevent it.​

​When you default on your home loan, it means that you have missed a home loan repayment and have not corrected the issue promptly. ​

​Find out more about home loan defaults and how they differ from late repayments here: https://bit.ly/3B0kvW2

What’s on your home renovation wish list?
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Is it a butler's pantry or a spacious walk-in wardrobe? Maybe it’s a divine outdoor pool and spa? ​

Refinance today, redesign tomorrow. Let’s talk about your refinancing options.​

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Wondering how a cash rate increase could affect your home loan? Find out how rate increases impact mortgage holders and how you can calculate your rising repayments. Then contact me to explore your options.

https://www.aussie.com.au/insights/articles/how-will-the-cash-rate-increase-affect-your-mortgage.html

Fixed rate: An interest rate that stays the same for a set period. Fixed rates won't change even if interest rates rise, so it can be a handy option if you prefer the stability of consistent repayments. On the flipside, you won't benefit from lower repayments if rates fall.