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LJ Hooker slashes fixed rate

On Apr 01 2013
Tagged as:
  • Residential Property


LJ Hooker Home Loans spread the love on Valentine’s Day when it announced one and two-year ...

LJ Hooker Home Loans spread the love on Valentine’s Day when it announced one and two-year fixed rates had been cut to 4.99 per cent.

The cut came despite the Reserve Bank of Australia leaving rates on hold the week before.
Now rates are at a record low of sub five per cent, it is the perfect time for investors and home buyers to revisit their borrowing capacity. All property owners should also review their current home loan.


Aim to have your home loan assessed every 12 to 18 months to ensure you have the lowest interest rate possible. Even a small rate reduction can save thousands of dollars over the life of the loan.


Some questions to ask your lender include:


Should I go fixed, variable or cocktail?

If rates fall should I change my current repayments?

 

Am I in the right home loan?

 

Is there a new product more suited to my needs?

 

Can I access my equity to do renovations?

 

How can I minimise my mortgage?

 


The interest rate of LJ Hooker Home Loans consistently ranks amongst the lowest on offer because of a commitment to being a real alternative to Australia’s big four banks. LJ Hooker is the only real estate agency to offer its own brand of home loans.

 




 

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