Who would have thought the footy would put interest rates into perspective?
The AFL kicked off their season on the 2nd of April, the NRL (what a Grand Final!!) a month earlier.
The Reserve Banks last activity occurred on the 5th of May where the decision was made to drop the cash rate by 25 basis points to 2.0 per cent. Now Six months later the rates are still at an all time low and inflation also the lowest in recent times.
So, six wins in a row for borrowers, your half way there Hawthorne!
Consistently low interest rates have generated a tremendous increase of activity, especially in the Sydney and Melbourne markets, these last couple of months has seen the undervalued Gold Coast market really begin to heat up, hello opportunity!
So what are your plans for the Gold Coast market?
Our genuine love for real estate coupled with our strong and dynamic team has seen us kicking many goals in 2015. We welcome you to become part of our family and encourage you to contact us for your property needs.
Interested in selling or seeking an indication on price for your home?
Click on this link to view our Recent Sales and be sure your dealing with a capable team.
Watch the video provided by The Courier Mail – Understanding Interest Rates.
MPM is celebrating 10 years of successful business, click on this link to meet the team.
Phone: (07) 5514 5514
Fax: (07) 5514 5500
1/318 Olsen Avenue,
Queensland, Australia 4214
Monday to Friday
8:30am to 5:00pm
Weekends by appointment