- 3 July 2020
What will interest rates do?
The futures market is solid on the fact that interest rates aren’t likely to climb anytime soon.
The above shows that rates have absolutely no chance of rising for a long period of time.
Do you know that for all of the upsetness that people have had over the years with interest rate rises that in the last 30 years we have had just 27 interest rate hikes from the RBA?
And the last interest rate hike we had was 3,530 days ago (3rd November 2010)!
It makes you realise and understand how cheap funds are today to get access to - genuinely the lowest cost of funding for our generation.
That is why we have some members getting rates below 2.1% fixed for 2 years!
Examples below are based on $500,000 loan over 25 years:
And
Would you like your loan to start with a 2 in front of it?!
hit enquiries@propertyclub.com.au for more information on this and start saving straight away!
Property Club is at the forefront of the best properties in the best areas - make contact with your Property Mentor or hit enquiries@propertyclub.com.au for further information on the great options available for Club members!
Troy Gunasekera
National Manager
Related Posts
Big Win for Victorian Property Investors: Stamp Duty Concession Unveiled!
The Victorian Government is shaking up the property market with a new stamp duty regulation set to benefit investors. Starting 21 October 2024, buyers of off-the-plan apartments, units, and townhouses in strata developments will enjoy a temporary elimination of stamp duty for one year. This move is part of a...
New Queensland Rental Regulations: What Property Investors Need to Know
The Queensland rental market is set for a significant shake-up, and as a property investor, it’s crucial to stay ahead of the curve. The state's new minimum housing standards, which began taking effect in September 2023, are more than just a regulatory update—they represent a shift in the expectations tenants will...
Who’s Responsible for Mould in Your Rental Property: Tenant or Landlord?
Mould, it’s the unwelcome guest no one wants in their home. It’s unsightly, potentially hazardous to your health, and dealing with it can be a real headache. But when mould creeps into a rental property, the big question arises: Who’s responsible for cleaning it up, the tenant or the landlord? The answer isn’t...