The RBA is keeping rates on hold for now, but the interest rate honeymoon might not last long! Amid growing speculation that the long period of very low, interest rates in Australia could be coming to an end, the Reserve Bank of Australia (RBA) has reported that it would attempt to avoid raising interest rates too quickly.

The financial markets' assessment of the likelihood of an interest rate rise in Australia by next March has risen from 32% to 52%, while an increase by next June is considered a certainty, however, there is concern that this might negatively impact heavily indebted Australian households and strangle economic growth. So, with home loan interest rates continuing to remain low (for now), it is the best time to take a step forward and look at all your options no matter if you are getting in the market, wanting to review your current lending structures, or maybe it is time to look at how you can offset your reduced capacity for super contributions with an investment property. 

Our role is to support our clients to ensure they are in the best finance options for their situation. We are currently offering a complimentary home loan health check - designed to ensure that you are in the right structure for you, and that you have access to the best possible loan option. And there's no time like the present!

    The Schuh Group Finance home loan health check will help you to answer the following:
  • Are you paying too much interest on your current mortgage? 
  •  Does your loan still meet your current needs? 
  •  Have your financial or personal circumstances changed? 
  • And if so, do you need different features and benefits from your loan? We can also help you look at your financial plans for the next 12 months and advise on how your loan products could be set up to help you achieve your goals. For example, we could potentially help you unlock your equity to invest, renovate or make some lifestyle improvements.
    Interest rates are staying low, for now, this alone is a great reason to ask us to give your home loan a full review right now. We have access to a wide variety of lenders meaning we can help you compare loan products and choose one that suits your current financial circumstances and ensure that if rates rise you still have space to live. A saving of just a little on your home loan now, could add up to a significant difference over the life of your loan.
    To register for your free "Home Loan Health Check" please email one of the Schuh Finance team below or call David Schuh directly on 0400 224 615.
    Email the team today, have a new rate option tomorrow:

    David Schuh:
    Jo Bennet:
    Dannii Herron: