Get Your Home Loan Approved in 2021
Want to purchase a property by the end of the year? With under two months to go, it is still possible through APS, but we’ve got to move quick!
The RBA continues to hold its record low cash rate at 0.10%, but in the last month, an estimated 40 lenders have lifted at least one of their fixed terms in preparation for the interest rate increase. Even though a rate increase has been scheduled for early 2024, experts argue that it will come sooner with wage inflation expected to reach 3% in 2023.
Never fear! Home loans are still competitive in November 2021. A handful of lenders are offering 2 year fixed rates at under 2%, and cashback offers of up to $3,000 for new and refinancing home loan customers.
If you are looking for a home loan review, we currently have access to variable rates with offset from 1.99% and fixed rates with offset from just 1.89% (maximum 80% LVR).
Don’t miss 2021’s opportunity. Contact us to book an appointment with one of our expert mortgage brokers.
CONTACT US AND ENQUIRE TODAY.