Mortgage lending is taking off right across the country, across all states and territories.
It’s a nationwide property boom.
Despite this, the Reserve Bank won’t be in any hurry to hike interest rates, as discussed by the Deputy Governor this week.
In saying that, however, it may well be that mortgage rates are bottoming out, judging from the rush to fix rates lately.
Finally, some lenders are now active again in the self-managed superannuation fund mortgage space.
If you’re stuck paying a high rate of interest on a SMSF mortgage it might be a good time to look at refinancing through our mortgage broking friends at Lydian Finance.
Pete Wargent discussed this a little further in the short video below:
Find out about our Affordable 10-Year Property Plan here.
And to find out more about our affordable property buying services here.