With so many different types of property investment loans and lenders available it is difficult to know where to begin and how much to borrow.
This infographic lists some pros and cons that you can consider when it comes to deciding between a variable and a fixed rate loan to help weigh up which is the better option for you.
Cotality’s national Home Value Index climbed 0.7% in August—the largest monthly increase since May last year—lifting the annual growth rate to 4.1% for a second consecutive monthly gain.
At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.60 per cent.
National dwelling values increased by 0.6% in July, maintaining the pace of growth seen in the previous two months, based on CoreLogic’s latest Home Value Index. This represents the sixth consecutive month of growth, coinciding with the initial rate reduction implemented in February.
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