YOU WILL NEVER IN YOUR LIFE SEE A BETTER TIME TO BUY RESIDENTIAL PROPERTY IN BRISBANE
The Federal Government via the Australian Prudential Regulation Authority (APRA) deliberately forced house prices down (mainly Melbourne & Sydney) by tightening lending parameters.
Their aim was to make housing more affordable for first home buyers.
An unintentional effect was a slow down of the Australian Economy.
To now stimulate the Australian Economy, the Reserve Bank of Australia lowered the Cash Rate from 1.5% (last lowered in August 2016) to 1.25%. Again to stimulate the Economy APRA has eased the lending guidelines for Home Loans
THE RESULT IS THAT AUSTRALIAN HOME LOAN INTEREST RATES ARE THE LOWEST THEY HAVE BEEN FOR 60 YEARS!
Please do not hesitate to contact my office if you are interested in what I have available in Brisbane’s Northern Suburbs.