Whilst our property markets have cooled somewhat over winter, this month’s rate cut from the RBA looks all set to motivate buyers and reignite property market activity in time for spring.
With Britain’s vote to exit the EU and all the uncertainty that surrounded our own Federal Election this month, there’s a lot of volatility in our financial markets and our property markets have slowed.
With wild storms threatening to disrupt property markets all around the country, winter has set in but activity hasn’t cooled! Following the RBA’s decision to cut the cash rate last month, lenders have cut interest rates on home loan products across the board. Call us now to check your rate on your existing home loan, or to switch to a fixed rate product.
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The autumn property market is proving to be very busy and full of opportunities for home buyers and investors. We expect lower interest rates will stimulate the market even further, so talk to us about getting your finance in place now.