Ep #109 – Fixed rates coming down

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Ep #109 – Fixed rates coming down October 30, 2024

Over the past few weeks numerous lenders have lowered their fixed rate mortgages. They’re not at the level yet where we’re seeing any serious take up, but the conversations are definitely shifting now from those earlier in the year where a lot of fixed rate offerings were seen as being too expensive and only worth considering under unique circumstances.

It’s also a fast moving market and we should note that the 5.39 per cent fixed rate mentioned in this recording has now been withdrawn (increased to 5.69 per cent).

Thanks for tuning in!

The Long Property Show provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. Nothing in the Long Property Show constitutes legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.

DANIEL GOLD

Dan runs Long Property and has been recognised by Mortgage Professional Australia as being one of the top 5 mortgage brokers nationally.  Email dan@longproperty.com.au

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