The Reserve Bank of Australia’s (RBA) decision to drop the official cash rate by 25bts to 3.25% is good news for investors. With the interest rate for investment property the way it is, investors can feel more confident.
Current interest rates for investment property may spike interest from new investors as affordability improves and home loan repayments become more affordable, providing the banks pass on the full rate cut. It is important to pay attention to the investment property interest rate if you want to make it in the business.
Read full article to see how the current interest rates for investment property can help you.