Is the Boom Over for Property Investors as RBA Raises Rates? |Australian Housing Market Update
The national median house price has fallen for the first time in a long time. What does that mean for property investors? …
Banks are raising rates. Is the property boom over?
It’s true! Some banks are raising interest rates. Does that mean it’s time to panic? Does it mean the property boom is about to come to a screeching halt? …
To Fix or Not to Fix Your Rates? The 3 Things to Consider Before You Decide to Fix
It’s a common dilemma – do you fix your rates or don’t you? Fixing your rates gives you security that you know what your repayments will be during the fixed rate period. However, it also gives your lender the assurance you will almost certainly remain a client for the full extent of the fixed rate period. Even if you do decide to refinance during a fixed rate period for whatever reason, you will almost certainly end up paying hefty penalties. So your lender will make their money anyway. I’ve seen some people have to pay nearly $30,000 in penalty fees ...
