NHD News

Interest Rates Cut

On 3 May 2016, the Reserve Bank of Australia lowered the cash rate by 25 basis points, down to 1.75%.

The cut in the cash rate brings interest rates to an historic low.

Lower interest rates mean that now could be a great time to buy your new home, while enjoying lower monthly repayments (or paying a bit extra off the mortgage).

Now is also a great time for investors getting into the property market, or expanding their property portfolio. The gap between rental payments and mortgage repayments decreases with lower interest rates, leading to the potential for property to be an attractive investment.


About NHD News

Welcome to New Homes Direct News. Here in our news section, we will keep you updated with interesting facts and information regarding new home design and building, the first home owner grant, interest rates, interior design, preparing for your new home and so much more.

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At New Homes Direct our motto is "Where Service Exeeds Expectations". That means the we constantly strive to ensure that we are offering the best possible service to our clients.

Our experienced team work with you to help you get the home of your dreams. We can assist you with finding the right block of land, the best home design for your your needs and even getting the interior design just right.


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