Time To Buy As Rates Cool
July 26th, 2010
SMH & Domain has reported upon Investors interpretation of the current Interest Rate hold period. Effectively it could be considered that the RBA has effectively cooled the property market off for the time being.
The board will need to juggle that if they do not raise rates enough the property market will continue to grow too quickly, though too much and the wider economy falters.
Simon Reibelt from Oasis Home Loans Northern Beaches said that global factors such as the European debt crisis can stall the rise in interest rates aiding Investors to reconsider purchasing property strengthening our home market further.
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