Pakk Financial

No surprise.. RBA increases the cash rate by 0.50% to 1.35%, its most aggressive 3 months since 1994!
How does this impact you? If lenders pass on the full increase (as expected), your variable home loan rate is now 1.25% higher than it was only 3 months ago.
In real dollar terms, based on an average new loan of $650,000, a 1.25% increase results in monthly repayments jumping by $442 p.m., or $5,304 p.a.*
What can you do about it? Reach out to your favourite broker for a review of your home and investment facilities! There are savings to be made.

Home | pakk financial We understand the challenges that individuals and businesses can face when dealing directly with lenders to obtain finance. It is our goal to take ownership of the application or negotiation process on your behalf to ensure a smooth transaction and positive outcome.