Certain lenders are now expanding their policies to include construction finance for pre-fabricated (pre-fab) dwellings. Traditionally, lenders have only financed ‘ground-up’ construction, requiring builders to follow a staged payment structure tied to progress on-site (where the lender has security). However, with the growing adoption of pre-fab construction – CBA forecasts the sector to triple over […]
Pre-fab, forecast to triple within 10 years
Ep #112 – How the rate cutting cycle might impact you
https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Episode_112-How_Will_Rate_Cuts_Impact_You.mp3Podcast: Play in new window | DownloadSubscribe: RSSFrom May 2022, the Reserve Bank of Australia increased interest rates 13 times over 15 months. It was one of the most aggressive rate hiking cycles on record. But now, the tide’s turning, and economists are tipping a rate-cutting cycle on the horizon. What does it mean for […]