Article by Patrick Lynch, Head of Operations Despite all the talk of rising interest rates and the effects on property prices, borrowing capacity and so on, there are still many active purchasers in the market. Many Long Property clients are actively putting pre-approvals in place for future acquisitions. There is a lot of Government assistance […]
Victorian Homebuyer Fund
Getting the best deal
By Ian Creighton – Mortgage Broker at Long Property On Tuesday the RBA lifted the official cash rate by a further 25 basis points, bringing the official cash rate to 2.6% – a cumulative rise of 2.5% since May. Experts are predicting further rate rises in the months ahead; economists at CBA predict a peak […]
How to de-stress your mortgage
Article by Patrick Lynch, Head of Operations – Long Property Following 5 successive increases, totalling 2.25%, the RBA cash rate is now 2.35% – the highest since December 2014. Expectations are we’ll see further movements during 2022 and possibly into 2023, pushing rates to levels unseen since 2012. The reasons why the RBA have decided […]