News & Events

The Australian real estate market continues to display a healthy resiliance in the face of steadily rising interest rates. Not surprisingly, market conditions can vary dramatically between locations. Sydney, Melbourne, Brisbane and Perth top-end communities are challenging the record prices recorded in previous years.
In the mortgage belts e.g. west and southwest Sydney, many bluecollar homeowners have opted to sell rather than struggle under the burden of 8.5%+ mortgage rates.
Savvy real estate buyers can push their existing lender for a "fairer" mortgage deal. The suggestion that you may be thinking of moving your loan to another lender can prod your bank to do better. The sub-prime fiasco in the US and the subsequent declining real estate market there will almost certainly affect Australia markets with downward pressure.
Talk to me today to see what I can do for you and use these volitile and uncertain market conditions to your advantage.
- Steve Windsor