‘Spring is here and the RBA has decided to stop and smell the roses – keeping interest rates on hold. The current cash rate is 2%.
‘The share market downturn influenced by China has increased the chance of another rate cut sometime this year. However, for the moment the RBA is sitting tight. It’s interesting to note a tightening of some investment lending has on the other side brought out some fantastic offerings for owner occupied borrowing,’ Aviser’s Martin Ryan says. ‘Anyone with an owner occupied loans would be advised to talk to a professional to see if they are in the most favourable lending situation.’
If you aspire to take advantage of the current environment – whether you are looking to buy or already have some lending – contact us at Aviser Finance.