The rules of property investment have changed! Here are 10 things you need to know if investing in property today. 1. You need more of a deposit to buy an investment property Property investment in Australia is at an all time high. Both the regulator and the RBA have expressed concerns by asking the banks to […]
The RBA decided to leave rates on hold in April 2017. Some of the reasons given by the RBA in the statement they released were: 1) banks are increasing interest rates regardless of official RBA decisions and 2) the variable housing market across the country. When the RBA board releases its monthly interest rate decision, its […]
Since late last year I have been warning people that banks will be increasing interest rates, regardless of what the RBA does officially. APRA (banking regulator) is trying its best to slow down the rapid growth of investors purchasing property. They sent a letter to all the banks in Dec 2014 to slow down lending […]
There have been a lot of changes by banks to interest rates and investor loan policies recently. You may have seen in the media recently that the banks are increasing interest rates for investors and some lenders have stopped lending to property investors altogether. It’s important that you are aware of these changes and the […]