Real estate is all about being in it for the long haul isn’t it? All about investing for the long-term right? Whether you’re looking to buy your first home, down-sizing or up-sizing, now could be the right time to make your real estate move. And what’s happening with interest rates is a very important part of the decision making process.
Home sales in regional areas are doing well, according to some experts. This suggests that in some regional areas it’s possible to get more bang for your property buck, so to speak.
Economist chatter over the last few days has suggested an increase is still some time away and that mortgage rates remain low.
What do the experts say:
Obviously your individual home loan requirements should be discussed with a certified financial planner or lending specialist, but here’s what some of the experts have to say:
Herron Todd White: “… some of the regional [property markets] offered excellent outcomes …” Download their report here.
Reserve Bank of Australia: Read the full media release here.
One of Australia’s largest property information and property management services, CoreLogic, has this to say … read more here
Read more articles on interests rates in our blog.