MRD Capital

🏡 Home owners opt to leave repayment amounts unchanged after rate cut 🏡⁣
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Here's an interesting stat that caught our eye.⁣
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The Commonwealth Bank (which accounts for 1 in 4 Australian home loans) says only 14% of its variable rate customers reduced their minimum monthly repayment amount following the February 2025 rate cut.⁣
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The majority simply stayed with their old repayment amount. 🧐⁣
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Sure, these stats are from just one lender. And other lenders automatically decrease your minimum monthly repayment amount in line with their rate cuts.⁣
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But if your finances can handle it, leaving your repayment amount unchanged following a rate cut could be one way to pay more off your loan each month. 👍⁣
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Over time, those additional payments can have a decent impact on the total amount of interest you pay over the life of your loan, and help you pay off your loan sooner.⁣
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Call us to know how much you could save by leaving your repayments on hold when rates fall. 👇⁣
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To find out more, DM or contact the MRD Property Team on:

☎️ – 0448 088 948
💻 – [email protected]

🏠 Home lending jumps as first home buyers return 🏠⁣
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First home buyers are making a welcome return to the property market, with NAB reporting a 16% jump in lending to first home buyers since February.⁣
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There are several reasons why more people are bringing forward their plans to buy.⁣
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Interest rates are being tipped by many economists to fall further. 📉⁣
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CoreLogic says more homes have also come onto the market, and prices are expected to keep rising. 📈⁣
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Add in the 5% deposit Home Guarantee Scheme, and the stars may have aligned for many first home buyers.⁣
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Get in touch to see if the time is right for you to buy a place of your own. 👇⁣
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CTA🏠 Home lending jumps as first home buyers return 🏠⁣
⁣
First home buyers are making a welcome return to the property market, with NAB reporting a 16% jump in lending to first home buyers since February.⁣
⁣
There are several reasons why more people are bringing forward their plans to buy.⁣
⁣
Interest rates are being tipped by many economists to fall further. 📉⁣
⁣
CoreLogic says more homes have also come onto the market, and prices are expected to keep rising. 📈⁣
⁣
Add in the 5% deposit Home Guarantee Scheme, and the stars may have aligned for many first home buyers.⁣
⁣
Get in touch to see if the time is right for you to buy a place of your own. 👇⁣
⁣
To find out more, DM or contact the MRD Property Team on:

☎️ – 0448 088 948
💻 – [email protected]