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Interest rates at an all time low!

The Reserve Bank has cut interest rates to a record low of 2.25%, which is great news for home buyers who can now enjoy the savings!

With the Bank of Queensland have and ME Bank already passing on the 0.25% rate cut from later this month, the big four banks are currently in review of their rates and set to follow.

This means that monthly savings for home buyers will be ranging from around $47 per month on an average $300,000 loan to $120 for an $800,000 loan. 

These savings makes it more affordable to own your own home and takes some ease off your repayments.

To find out more about purchasing a new home, visit your nearest display centre or contact a New Homes Consultant today.