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?
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.