At todays’ board meeting, the Reserve Bank of Australia cut official interest rates by 25 basis points down to 2.0 per cent, effective 6 May, 2015.
Reserve Bank Governor, Mr. Glenn Stevens stated “Growth in lending to the housing market has been steady over recent months”, most likely a major factor contributing to the board judging that “the inflation outlook provided the opportunity for monetary policy to be eased further so as to reinforce recent encouraging trends in household demand.”
It’s most certainly a fantastic time to increase your investment portfolio.
If you’re thinking of capitalising on the low interest rates available, the Team at Ray White North Lakes / Mango Hill can offer you the most comprehensive real estate experience in the local area – we’ve got all of your property services under one umbrella.
Whether you’re thinking of selling your current home to upgrade, buying a new investment home, hunting for the best finance or insurance deal or wanting a property management team you can trust, we’re here to help.
With superior technology, a wealth of experience and unbeatable local area knowledge, you can count on us to deliver the ultimate real estate service you deserve!
With so much to offer, it’s no wonder Ray White are the local market leaders.