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Don't miss the boat...

With rates reducing to 0.1% can we expect some "lowest ever fixed rates" to emerge in the coming months?

If so, now is probably the time to start planning and thinking ahead.

  • Will lenders start competing by offering lower rates? – Yes 
  • Might there be some better fixed rate mortgages coming along? – Very possibly. 
  • Will these deals stay around for a long time – Possibly not given this rate reduction appears to be a short term shot in the arm.

For those who may want to grab a great mortgage rate, start thinking about it now.

  • Might now be the time to start looking for your new home or investment property? 
  • When does your current mortgage deal come to an end? 
  • Are you currently on your lender’s standard variable rate?
  • Could you be in a position a month or so from now to start looking for a new mortgage? Possibly with the lowest fixed rates ever on the market? 

No one likes to miss the boat but this one might come and go fairly quickly – those best prepared are most likely to catch it.

For further information contact Bill or Fran on this link.

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