Post by Ian Creighton – Mortgage Broker at Long Property During Covid-19 many borrowers took advantage of historically low interest rates and locked in some great fixed rates for their loans. Traditionally fixed rate loans have only made up 10-15% of total lending, however over 2020-2022 this number quadrupled to c 40%. The vast majority […]
Strategies for fixed interest rate expiries
Ep #69 – Expert predictions for 2023
https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Ep_69-Expert_predictions_for_2023.mp3Podcast: Play in new window | DownloadSubscribe: RSSIn today’s show we review the expert predictions on interest rates and housing market forecasts for 2023… some positive, some not so positive. There are logical arguments and very plausible outcomes on both sides. And we welcome back Patrick!! Happy holidays! — The Long Property Show provides general […]
Ep #68 – Unpacking the lag impact of interest rate rises
https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Ep_68-Unpacking_the_lag_impact_of_interest_rate_rises.mp3Podcast: Play in new window | DownloadSubscribe: RSSToday on the show we discuss why the effects of the recent RBA interest rate rises have been slow to affect the housing market and the broader economy. During the pandemic as a result of the restrictions imposed many Australians built up large savings balances or got ahead […]