Great question I often get asked when home owners are deciding what to do with their property.
Some relevant facts are;
The RBA is stimulating the economy with interest rate reductions, making this the lowest level for interest rates in history.
APRA has allowed the banks to move from a fixed to a variable assessment rate, 2.5% above home loan rate of the day.
Federal government’s First Home Owner Deposit Scheme starts January 1 2020.
All positive news which helps buyers purchasing power.
Contact me if you would like any additional information John Roderick 0432 511 181
