The HOT topic: Interest Rates

Interest rates

We asked the Sales team at South Coast Realty what topic they get asked about the most. The current market and low interest rates lead purchasers to one question: When will the interest rates increase?

Rob Heaslip, Co-Director of South Coast Realty sat down to give us a 2022 update about what he believes we will see occur in the year ahead.

Interest rates are set by the Reserve Bank of Australia. They meet on the first Tuesday of each month to assess the financial stability of Australia and set the monetary policy. It is the decision of the Reserve Bank of Australia whether the cash rate remains on hold or whether is will increase.

Always consult your financial adviser about your personal circumstances. The information provided in the above video is not financial advice.

If you are ready to purchase on the Fleurieu Peninsula contact the Sales team at South Coast Realty today.

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