Firstly, effecting all buyers we’re seeing interest rates on the move up with changes announced from both NAB and Westpac. This won’t be the last of increases we see this year unfortunately, however at this stage it’s not affecting the auction results across the country.
If you’re buying we share some tips on finding the right suburb to buy in. For investors, some good news with rents continuing to increase and vacancy rates tightening (not so good for us renters!!) For the first home buyers out there, debate continues regarding the ability to access your superannuation to buy. And, for the small business owners Murray Lees writes about how you can access your homes equity to fund growth.
Lastly, we continue to profile our brokers. This week is Jason Hulbert who is absolutely full of energy! Come chat to him about a home loan.
Have a great week.
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Westpac Follows NAB In Raising Interest Rates
Interest rates are rising for both owner occupiers and property investors.