RBA Announcement August 2013

Important Announcement on Interest Rates

The Reserve Bank of Australia (RBA) has today reduced the official cash rate by 0.25%. The cash rate was 2.75% and today has dropped to 2.50%. We now eagerly await announcements from our major banks and lenders.

Glenn Stevens, RBA Governor Statement today - http://www.rba.gov.au/media-releases/2013/mr-13-15.html

Some major lenders are offering in excess of 1% off standard variable interest rates under their professional package options. Variable interest rates and fixed interest rates are now starting in the 4 – 5% range.

Do not miss the opportunity to review your loan whilst interest rates are at this level.

NFC can now offer Loan Protection Insurance which has coverage for Involuntary Unemployment, Death and Trauma (specified events). With economic conditions and employment uncertainty we believe this is definitely worth considering. Involuntary Unemployment Cover at NO additional cost for first 12 months is available. See more http://www.nfc.com.au/products-and-services/loan-protection-insurance/ and email us at info@nfc.com.au for the Financial Services Guide and the Product Disclosure Statement.

Family Guarantee (Family Pledge) information has been updated. Family Guarantee is used to assist family members purchase a property without a deposit and without the need for mortgage insurance. See more at http://www.nfc.com.au/products-and-services/family-guarantee/.

Updated Home Buyers Guide - http://www.nfc.com.au/Home-Buyers-Guide.pdf

Call 0733568132 or email info@nfc.com.au to see how much you may be able to save!