Oz Credit and Finance in Sydney, Australia | Financial service

Oz Credit and Finance

Locality: Sydney, Australia

Phone: +61 406 017 992

Address: Suite 596, 41/464-480 Kent Street 2000 Sydney, NSW, Australia

Website: http://www.ozcreditandfinance.com.au

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22.01.2022 "They shall grow not old, as we that are left grow old; Age shall not weary them, nor the years condemn. At the going down of the sun and in the morning We will remember them." Lest We Forget.

21.01.2022 to the Twilight Payment Team for taking out the 2020 Lexus Melbourne Cup. Enjoy that winning feeling!!

21.01.2022 Banks rate reduction: Applicable only to fixed rates which mean the rate reduction will not be passed on to the existing customers unless they change the product. Whether it is fair or not.................. You tell us!!!! ANZ... ANZ slashed its fixed home loan rates across one to five-year terms by between 0.20 % and 0.40 % for owner-occupier customers paying principal and interest on ANZ’s Breakfree package The new rates: For one, two and three-year fixed-rate loans - 2.09% per annum. For four and five-year fixed-rate loans - 2.29% per annum. Commonwealth Bank 100 bps reduction to 1.99% on new four-year fixed-rate home loans for owner-occupiers paying principal and interest in the wealth package; 15 bps reduction to 2.14% per annum on new two and three-year fixed-rate home loans for owner-occupiers paying principal and interest in the wealth package; 10 bps reduction to 2.19% per annum on new one-year fixed-rate home loans for owner-occupiers paying principal and interest in the wealth package. National Australia Bank For owner-occupiers on the NAB Choice Package paying principal and interest (new loans): 10 bps cut to a one-year advertised fixed rate to 2.19% per annum; 10 bps cut to a two-year advertised fixed rate to 2.09% per annum; 20 bps cut to a three-year advertised fixed rate to 2.09% per annum; and 81 bps cut to a four-year advertised fixed rate to 1.98% per annum. Westpac Westpac has reduced fixed interest rates for owner-occupied home loan customers on the principal and interest repayments with a Premier Advantage package, including: Fixed interest rate of 1.99% per annum on a four-year term; and Fixed interest rate of 2.09% per annum for one, two and three-year terms.

19.01.2022 Is one phone call really all it takes to secure a lower interest rate? With official interest rates trending downward, shrewd mortgage holders may take the opportunity to call their lender to ask for a better deal. But when even a small interest rate reduction means potential savings of thousands of dollars, is a simple phone call really enough to get you there?... In mid-2020, ‘your interest rate should have a two in front of it’, is common advice for homeowners considering the competitiveness of their loan settings. Now for your owner-occupied property at least, your interest rate should have one in front of it. But while a number of lenders offer lower rates to new customers, it’s not always so simple for existing customers to secure the same outcome. If people want a better deal on their mortgage, there are basically two options: 1. Call your bank and ask them to match the new rate, or 2. Contact your broker and vote with your feet. And although the first option is commonly recommended, lenders aren’t always so obliging when it comes to rate-matching to get you a more affordable mortgage. As an existing client, it can be disheartening to see your bank offer new customers a lower rate to the one you currently have. Lenders regularly try to ‘win’ new customers by offering low rates. It is a great acquisition strategy. But if they refuse to match your current rate to this new offer, you can always contact your mortgage broker or if you don't have one then contact us and refinance with a lender who is hungry to win your business. Mortgage brokers, on average, have access to a panel of 34 lenders and this creates competition amongst lenders. Mortgage brokers are also in a position to offer you a more in-depth and customised level of service. This can allow them to find their customers a mortgage product that may suit their current needs, wants and circumstances.

17.01.2022 RECORD LOW-INTEREST RATES The RBA has reduced the interest rate to 0.10%. This means more money in your pocket.....Only if your bank passes on the interest rate.... For home loans of $500,000, you will save $41 per month or $489 per year. That increases to $61 for home loans of $750,000, or $739 annually, and $82 for home loans of $1,000,000, or $979 annually. Stay tuned to see if your bank will look after you or not....... #homeloans #finance #money

02.01.2022 HAPPY DIWALI On behalf of our team, I wish you all a very Happy Diwali!!!!