Cheap Home Loans Continue to Fuel Opportunities, but for How Long?

Well, for one, this budding recovery could very well spell higher home prices and increasing interest rates in the near future. The Australian, for example, reported, “Home prices rose 2.8 per cent in the March quarter, according to property research firm RP Data, while building approvals for new homes rose 3.1 per cent in February, according to the Australian Bureau of Statistics.”

Furthermore, the Reserve Bank of Australia has openly declared that it expects the housing sector to improve throughout 2013. February housing reports support that idea, indicating that the number of home loans taken out increased by two percent in that month, the largest increase since September 2012. Overall, public confidence in the housing market is steadily growing as buyers continue to take advantage of historically low rates.

The truth is that nobody is better suited to providing you with advice on opportunities for home loans in the Melbourne area than a local financial services group like Full Circle. Whether you are buying a home for the first time, investing in property, or simply thinking about refinancing, Full Circle will always be able to coordinate a financial strategy to best suit your needs and goals.

Disclaimer: Please note, this information is generic and not specifically tailored for any individual. It is not intended to take the place of professional advice. Before you make your decision, you should take into consideration your needs, objectives, and circumstances.

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