Firstmac to pass on May rate cut in full
Firstmac Managing Director Mr Kim Cannon said brokers could help their customers save money every month in interest.
“Not all lenders have passed on the RBA rate cut in full, which leaves some customers with some big questions,” he said.
“There is plenty of competition in the home loan market, and bank customers can see they could be saving money on interest if they chose another lender.”
“Bank customers who switch to a Firstmac home loan will save themselves tens of thousands of dollars, and years off their home loan.”