- 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
Sydney Units Are Quietly Entering Their Next Growth Phase
Sydney is heading into another shift, but it is not happening in the prestige house market or the headline grabbing suburbs. The real movement is in well-located units sitting close to transport, education and major employment hubs. These are the properties renters line up for and the ones buyers turn to when house...
The Psychology of Suburb Selection: Why Investors Keep Returning to the Same Postcodes
Most investors think they choose a suburb based on research, data and logic. In reality there is often something deeper at play. Suburbs hold emotional weight. They remind us of where we grew up, where our friends live, where we once rented, or where we felt safe. Familiarity feels comfortable, which is why so many...
New Lines New Lives: How Rail Is Redrawing Queensland’s Coastal Growth Story
The Sunshine Coast and Gold Coast have long been known for surf and holidays. But right now, both are being redrawn not by the tide but by transport lines. The next decade of growth in Queensland will be built along the tracks. The Sunshine Coast Rail project and the Gold Coast light rail expansion are reshaping...