More Interest Rate Cuts?

Some economists are predicting there could be up to two more interest rate cuts by the end of this year!

Although this tells us there is low inflation forecasts for the next few years, this is good news for property owners and for those about to enter the property market. 

It's becoming more and more evident that we are in for an extended period of low interest rates which will drive growth in property markets that haven't already hit an affordability glass ceiling.

Now is not a time to stall your ambitions to enter/re-enter the property market. However as always make sure you purchase in areas with good long term growth drivers and don't just buy because money is cheap at the moment.