Commonwealth Bank and St George today announced an increase to their 3 year fixed rate to around 7.29% before any discounts. This increase comes 3 weeks after they followed other lenders in reducing their fixed rates down to levels that have not been seen for quite some time.
Deciding whether to fix in or stay on variable is always a difficult question. No one knows what is going to happen with interest rates. Main advantage of fixed is that you have certainty of repayment so if one or two rate rises is going to totally blow your budget then perhaps it is time to fix in.
Information on Temporary Resident Home Loans here and Australian Expat Home Loans here.
CatiaA huge thank you to Justin for his outstanding service! Finding the perfect place was no easy task and it took a while, but Justin’s support made all the difference. He was always available, providing expert advice and guidance every step of the way. He ensured that I was prepared for the application process, leading to a smooth and successful outcome. I couldn’t have asked for a better experience, and I wholeheartedly recommend Justin. Thanks for helping with this important milestone for me and my little family.
Samuel & AngelinaWe’ve had the privilege of working with Justin throughout the purchase of our investment property and we’re so glad that we had him in the process.
Justin was patient, clear and extremely knowledgeable with recommending the best options for us, taking into account our every need and requirements.
Additionally we ran into a roadblock due to a previous loan setup, but Justin help us navigate it seamlessly, spending additional time to work with his network of lenders to find the best solution, while also ensuring that it set us up for future success.
Highly recommend that you reach out to Justin and his team as you can be assured that they’ll provide the best possible care and recommendation for you.
Kobus&WillemienJustin assisted us in buying our first house, in Australia, 10years ago. He just did it again with our second house. Same old story again… Always helpful, always available, always friendly. We didn’t had any stress, he just sorted it and came up with the best results to suit us. What a pleasure to work with. Thanks Justin, you just made it so easy.
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