Interest Rates – Do yourself a favour – act as though rates went up!

No we haven’t gone out of our mind, and aren’t asking you to give more money to the banks than they already have.

Rather – why not act as though interest rates have gone up by 0.25% and pay that extra amount off your loan. By paying that extra $60 per month (which is what the 0.25% would be on the average Australian mortgage) – you will save yourself $000’s and years off your mortgage!

Food for thought

Cheers

Christopher Lowry

Urban Land and Housing

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