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Showing posts from October, 2023

each time ive used a broker

 The kids were super excited thinking we just got a new pet! I explained to the kids that I don't know if it will survive, but I do know that it's chances of survival are not good with us. I told them that wild birds need to be in the wild where they can hunt for food and fly, not locked in a cage. And that caged birds usually end up dying from depression. Commonwealth Bank, Westpac and NAB have taken a knife to lending rates following the Reserve Bank decision on Tuesday to cut the cash rate to 10 basis points to better support the Australian economy out of the COVID 19 induced recession.In a statement on Wednesday morning, CBA said its owner occupier four year fixed rate would be reduced by 100 basis points to 1.99 per cent the lowest fixed rate the bank has ever offered in its 108 year history.Westpac has also moved its four year fixed owner occupier rate to 1.99 per cent.NAB on Wednesday afternoon said its four year fixed owner occupier rate would move to 1.98 per cent, th