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.
