Rising Interest Rates – Have you reviewed your Finance yet?

Our Finance Broker Renato Mastromanno, comments on the current finance market, “It’s important to be proactively reviewing your finance annually, but with rising interest rates & the general cost of living increasing, right now is more crucial than ever to speak to your Finance Broker. Our role is to ensure you understand your finance position & importantly we can review your current loan circumstances & identify any opportunities for cost savings”.

With the significant increase in interest rates over last 12 months, there is massive pressure on family households & their cashflow management. Times are tough & we empathise. We are all facing these challenges.

Depending on your circumstances, our Finance team may be able to assist in refinancing your loan/s into a better product offering, or possibly, simply assist in seeking a review of your interest rate via your existing lender. Being proactive is the best advice we can give right now & we are here to help.

If you have not been paying attention to your loan, you could be paying well above reasonable interest rates.

Below are some scenarios clients have recently experienced – & this could be relevant to you. These scenarios highlight existing rate loans, that with our assistance have been reviewed & we’ve been able to identify more suitable loan structures saving clients $100-$300K+ over their 25-year loan periods.

All circumstances are not the same & not everyone will meet the required lenders criteria, nor will, every applicant wish to deal with the lenders that offer the lower possible interest rates, however, a financial health check is very important. This may assist in improving your financial circumstances & at the very least ensure you feel confident & aware of all your finance options.

Please contact our Finance team to discuss how we may be able to assist you, email us @ finance@highview.com.au

Renato Mastromanno
Finance Broker
Highview Accounting & Financial

Credit Representative Number Renato Mastromanno 387416, Credit Representative Number Ismar Muratovic 523386, are authorised under Australian Credit Licence 389328.

Disclaimer: Your full financial needs & requirements need to be assessed prior to any offer or acceptance of a loan product.