Welcome to our first update of 2021

At its meeting today, the Board decided to 

LEAVE THE cash RATE ON HOLD AT 0.10%

The Governor of the RBA, Philip Lowe’s, statement is available in full CLICK HERE

I trust you all had a wonderful Christmas season, and those that have children, have all settled into the school year! 

From 1 January 2021, mortgage brokers will operate under an unrivalled Best Interest duty when providing credit assistance for consumers.

This new legal duty will offer consumers the peace of mind of knowing that their mortgage broker is legally required to act in their best interest and put their interests first.

For us at Pride Mortgage Services, it’s business as usual. I have always had your best interests at heart and will contine to do so.

Remember, I am on your side, it’s just now I have a legal obligation to act in your best interest when recommending a home loan product.

 first.

Until next time …….