Global finance : tracker mortgage relaunched in Australia
Housing Loans Source: AAP
Australia has relaunched rate tracker mortgages. A rate tracker home loan, or tracker mortgage, is a loan that is linked to the movements of the Reserve Bank of Australia (RBA) cash rate. Would that be an answer to end people anger of big four banks not passing the full rate cut to the customer? Is it a popular product when bank install the same measurement last time? In an interview with Ivan Leung, Kam Yuen, financial planner, and director of CoWealth, will give us the details.
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