Market watch: fixed rates increase

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If you’re ready to invest in property and you’re starting to get your finances in order, you might be interested to know that some major lenders have increased their fixed rates, with others likely to follow.

Westpac, ING Direct, Suncorp, ME, Bank of Queensland, Bank of Sydney and RAMS raised their fixed-rate deals in the last week.

The money markets indicate that the era of low rates is coming to an end and predict rate increases.

This means banks offering fixed rates are under pressure and it’s likely they’ll increase them.

There are still some fixed rates on offer at below 4%, and if you’re ready to get your finances in order, now might be a good time to get in before they increase.

Call us for a chat about your finances or have a look at our Finance Services page.

If you’ve got any property investment questions, why not complete our Getting Started form to get the ball rolling.

Or, if you want to learn about different property investment strategies, or learn more about investing in property in Perth, why not read our free Get Ready to Invest in Property eBook.

It takes you through five simple steps to help you understand strategic property investment and how to make it work for you. Whether you’re a first-time investor or re-entering the market, it will help you navigate the sometimes complex world of property investment and associated issues you need to consider.

So if you’re ready to learn some great insights into getting started in property investment, download your free Get Ready to Invest in Property eBook here.

We think you’ll find it invaluable.

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