Today, 7 April 2009, Reserve Bank of Australia announce another interest cut of 25 basis point to 3.00%. Australia only see a rate this low in 1960, almost half century ago. So, all mortgage holder should be full of joy for this additional relief ! But the real question will be, is it the time to fix the mortgage ?
Read MoreIt’s getting more obvious each day that there have been no better time to buy property: you own home or investment one. New official figure from NSW government confirm that it’s become quite obvious now that it’s cheaper to buy a property than rent a property.
So, if you are sitting on the fence wondering whether to buy or rent a property, read on below, made up your mind and go get your property ! Of course, this apply also for all the property investor out there ! Good long term investment that cannot be more obvious than this…
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