Thank you for the outstanding response to our Melbourne Cup Sweep.
Listed below are the names of the lucky 24 who have drawn a horse in this year’s sweep.
Best of luck & Giddy Up.
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Free Melbourne Cup Sweep
October 21, 2019 in Latest News
Yes … the first Tuesday in November is only a few days away and so it’s time to dust off your fascinators & dress up in your colourful frocks & suits and celebrate the Race that Stops a Nation, and of course the …
Free DPF Melbourne Cup Sweep
As always … entry is FREE for all DPF clients as this is our way of having a bit of fun with you.
To receive your free entry simply:
- Click on “CONTACT US”
- Type “Your Name” + “Email Address” + “Melbourne Cup” in the message box
- Type the verification code + click “Send”
The horses will be drawn on Monday 4th November 2019 & announced via email + Facebook + on our website www.mortgagebrokergoldcoast.com
Good luck and a special “Thank You” to all our valued clients for your ongoing support.
The horses will be drawn & announced on Monday 4th November 2019 via email, Facebook & on this website www.mortgagebrokergoldcoast.com
Good luck & a special “Thank You” for your ongoing support & for being a valued clients of DPF Mortgage Specialists
Did your bank pass on the full 0.50% RBA rate cuts in June & July ???
Many banks were quick to advertise & announce how good they were to pass on the full 0.25% p.a. RBA rate cut in June 2019.
Not surprisingly many of these same banks were making far less noise when they held back from passing on the full 0.25% p.a. rate cut announced by the RBA in July 2019. (i.e. total 0.50% rate cut over 2 months).
Below is a list of the Banks & their combined interest rate reductions for the months of June and July 2019.
|
Bank: |
Rate Reduction June: |
Rate Reduction July: |
Total: |
| Macquarie | 0.25% p.a. | 0.20% p.a. | 0.45% p.a. |
| ING | 0.25% p.a. | 0.20% p.a. | 0.45% p.a. |
| Auswide Bank | 0.25% p.a. | 0.25% p.a. | 0.50%p.a. |
| ME Bank | 0.25% p.a. | 0.15% p.a. | 0.40% p.a. |
| AMP Bank | 0.25% p.a. | TBA | |
| CBA | 0.25% p.a. | 0.19% p.a. | 0.44% p.a. |
| BankWest | 0.25% p.a. | 0.19% p.a. | 0.44% p.a. |
| NAB | 0.25% p.a. | 0.19% p.a. | 0.44% p.a. |
| Bank Australia | 0.25% p.a. | 0.16% p.a. | 0.41% p.a. |
| Bank of Qld | 0.25% p.a. | 0.15% p.a. | 0.40% p.a. |
| AFG | 0.25% p.a. | Pending | |
| Citibank | 0.25% p.a. | Pending | |
| IMB Bank | 0.25% p.a. | Pending | |
| RACQ | 0.25% p.a. | 0.25% p.a. | 0.50% p.a. |
| Pepper | 0.25% p.a. | Pending | |
| Westpac | 0.20% p.a. | 0.20% p.a. | 0.40% p.a. |
| St George | 0.20% p.a. | 0.20% p.a. | 0.40% p.a. |
| RAMS | 0.20% p.a. | 0.20% p.a. | 0.40% p.a. |
| Bendigo Bank | 0.20% p.a. | Pending | |
| Suncorp | 0.20% p.a. | 0.19% p.a. | 0.39% p.a. |
| Heritage | 0.20% p.a. | TBA | |
| ANZ | 0.18% p.a. | 0.25% p.a. | 0.43% p.a. |
| CUA | 0.15% p.a. | 0.17% p.a. | 0.22% p.a. |
Down they go yet again !!!
The predictions of many of Australia’s Senior Economists were confirmed this afternoon as the Reserve Bank voted to reduce the Official Cash Rate yet again to an amazingly low 1.00%.
The Federal Treasurer (Josh Frydenberg) has already commenced his efforts to encourage the banks to pass on this additional 0.25% p.a. rate cut in full.
Is your bank charging you more than they need to ???
Home Loan 2.99% p.a. – Fixed for 3 Years
Banks are in a frenzy to compete for new Home Loans with banks offering Home Loan Interest Rates as low as 2.99% Fixed for 3 Years.
“CONTACT US” is you would like to take advantage of this record low interest rate.
(CR 4.19%)
Special Low Rates for First Home Buyers . . .
A Special 5 Year Fixed Rate of only 3.49% p.a. is currently available for First Home Buyers … WOW !!!
This will provide FHB’s with the confidence of knowing they have secured an incredibly low rate which cannot increase for the first 5 years of their Home Loan.
Not only this, but FHB’s can make additional repayments of up to $30,000.00 to reduce their loan balance & can also redraw these additional repayments if they need to have access to these funds in the future.
Click on “CONTACT US” or call 07 5527 4744 to talk with our Mortgage Specialists
We absolutely love saving you $$$
(CR 4.63%)
Did Your Bank Pass on the Full 0.25% RBA Rate Cut ???
Listed below are the Interest Rate reductions announced by banks following the recent 0.25% RBA rate cut
|
Bank: |
Rate Reduction: |
Date to be applied: |
| Macquarie | 0.25% p.a. | 21st June 2019 |
| ING | 0.25% p.a. | 25th June 2019 |
| Auswide Bank | 0.25% p.a. | 2nd July 2019 |
| ME Bank | 0.25% p.a. | 27th June 2019 |
| AMP Bank | 0.25% p.a. | 24th June 2019 |
| CBA | 0.25% p.a. | 25th June 2019 |
| BankWest | 0.25% p.a. | 25th June 2019 |
| NAB | 0.25% p.a. | 14th June 2019 |
| Bank Australia | 0.25% p.a. | 24th June 2019 |
| Bank of Qld | 0.25% p.a. | 25th June 2019 |
| AFG | 0.25% p.a. | 14th June 2019 |
| Citibank | 0.25% p.a. | 25th June 2019 |
| IMB Bank | 0.25% p.a. | 21st June 2019 |
| RACQ | 0.25% p.a. | |
| Pepper | 0.25% p.a. | 24th June 2019 |
| Westpac | 0.20% p.a. | 18th June 2019 |
| Westpac
(Interest Only Invest Loans) |
0.35% p.a. | 18th June 2019 |
| St George | 0.20% p.a. | 18th June 2019 |
| RAMS | 0.20% p.a. | 18th June 2019 |
| Bendigo Bank | 0.20% p.a. | 28th June 2019 |
| Suncorp | 0.20% p.a. | 21st June 2019 |
| Heritage | 0.20% p.a. | 21st June 2019 |
| ANZ | 0.18% p.a. | 14th June 2019 |
| CUA | 010% p.a. – 0.15% p.a. | 18th June 2019 |
Senior Economists Predict More Rate Cuts . . .
Many senior economists are predicting the Reserve Bank will announce a further rate reduction in the next month or 2 with a potential 3rd rate cut prior to Christmas.
Q: Why ???
A: They believe one rate cut will simply not be sufficient to stimulate the Australian economy to the level the RBA are seeking.
Many banks appear to agree & are already factoring in further rate cuts by reducing their 2, 3 & 5 Year Fixed Interest Rates to new record low rates.
CONTACT US if you are considering locking part or all of your Home Loan / Investment Property Loan on a Fixed Interest Rate.
Reserve Bank Announce New Record Low Rate
Borrowers & Home Buyers will be rejoicing the decision of the Reserve Bank Board to reduce the Official Cash Rate to a NEW RECORD LOW 1.25%.
Banks are already under pressure to pass on this rate cut in full to their customers with the Federal Treasurer Josh Frydenberg having already holding meetings with the Big 4 Banks to remind them to remain “Customer Focussed” which was a key recommendation of the recent Royal Commission.
The new government is keen to ensure this happens & senior economists agree the banks can’t afford to be stingy or else they will face a wave of borrowers seeking better offers from other banks.
Keep an eye out for the upcoming announcements by your bank and if you are not happy … CONTACT US and we will be more than happy to negotiate with the bank on your behalf.
Broker negotiates lower interest rates for existing clients
Massive Savings & Interest Rate Reductions for DPF Clients . . .
Yet another amazing result this month with DPF helping 5 more clients to reduce the interest charges on their existing Home Loans by a whopping $20,510.00 per year.
And to add to this awesome total of savings we also assisted two very happy clients to receive a refund of $4,003.00 from their bank.
Q: How many of these clients needed to refinance their Home Loans to achieve lower interest rates ?
A: Nil … DPF negotiated with their existing banks on our clients behalf to reduce the interest rates on their existing Home Loans.
Q: How much did these clients pay DPF Mortgage Specialists to receive this extra service ?
A: $Nil … This is all part of the ongoing service & assistance DPF Mortgage Specialists provides for our clients.
Q: How will I know if the interest rate my bank is charging me is higher than it should be ?
A: Check your Home Loan interest rate + current loan balance via your internet banking and simply “CONTACT US”
