Is the RBA about to fire the starter’s gun in a race to save? It’s been a white knuckle interest rate ride that most aspiring homeowners have never experienced before. Interest rates have grown faster than any time since the 1980s but could that be over soon?
These are the words in which the RBA give us the greatest hope for a pause, “Members agreed to reconsider the case for a pause at the following meeting”
What happens when they pause? This has been a difficult period for some but for others, an opportunity to save a deposit without having the price run away faster. Is that about to come to an end? Will you be ready to move on your dream home?
Whether it is a good time to buy is always hard to say without hindsight. What you need to ensure is that when an opportunity arises, you can pounce when the time is right for you.
Our Leg Up can help you secure a loan with as little as a 5% deposit. The more options you have, the sooner you can move on that gem when it becomes available.
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