The Reserve Bank of Australia has today announced the official cash rate will stay on hold at 2.5%. Positive data around strong employment and inflation shows the Australian economy is performing very well at the current time and is going from strength to strength.
That's great news for current home owners and those looking to invest. If you are considering jumping onto the property ladder or starting your property investment portfolio, with interest rates continuing to hover around record lows, now may be a good time to capitalise on the current state of the market before rates and property prices rise.
If you have a current home loan, looking at purchasing for the first time or looking to invest in property I am more than happy to work through some figures with you if you would like to see if you can take advantage of the current market we are in.
Please don't hesitate to contact me Cherie on 9871 2969 or simply drop me an email and I will get back to you.