Most homeowners are taking up short home-loan deals because they believe interest rates will fall soon, but one bank is trying to lure customers in on longer.
Most homeowners are taking up short home-loan deals because they believe interest rates will fall soon, but one bank is trying to lure customers in on long
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All eyes on future measures in the property market
All eyes on future measures in the property market 29 April 2021
A Core Logic report shows sales activity has remained high in the first quarter of this year, property values have risen rapidly, and mortgaged investor participation has surged.
It says the figures reinforce changes made by the Government last month including the bright line test extension.
Chief Property Economist for CoreLogic Kelvin Davidson says they re keeping an eye on a few things.
He says that includes what will happen to rents, what will happen to further purchases from investors and what happens to existing property ownership.