Insider Tips

The Reserve Bank has followed the predictions of most Senior Economists and reduced the Official Cash Rate by a further 25 bp (0.25%) to a record low 2.50%.

This is great news for borrowers who now are waiting on the Banks to confirm if they will pass on the rate cut in full.

Want to know how much of this 0.25% rate reduction your Bank will be passing on … Keep an eye on our “NEWS & INFORMATION” section as each day DPF Mortgage Specialists will provide an updated list of “Which Banks” + “How Much” + “When” as they are announced.

Self Employed borrowers with Lo-Doc Loans may be eligible for huge reductions in Interest Rates once they have completed their latest Tax Return.

Why pay the Banks more than you need to ???

Click on “CONTACT US” to find out how.

HOORAY !!!

Finally Australian home owners and their families can enjoy the full benefits of the Reserve Bank’s decision to reduce the Official Cash Rate with all four “Big Banks” passing on the full rate cut (0.25% p.a.) to their customers.

This great result was largely due to the pressure created by the “Smaller Banks” such as Macquarie Bank and ING who have passed on the full RBA rate reduction for the last 3 occasions.

WELL DONE SMALL BANKS !!!

Want To Know …

How much of the latest RBA Interest Rate cut your Bank will pass on ???

and

When will your Home Loan rate be reduced ???

The Official Cash Rate has hit a record low 2.75% following the Reserve Bank’s decision to cut rates by a further 25 basis point in May 2013.

This decision is welcomed by Senior Economists & Business Leaders who have encouraged the RBA to assist the sectors within the Australian Economy which continue to struggle.

Borrowers will be able to celebrate further once their Banks confirm HOW MUCH of the rate cut they will pass on to customers and HOW FAST this will occur.