Herald Sun October 16, 2011
Geoff Steer provides some answers to this age-old question...
Fixed Rates: Currently many lenders are offering very attractive fixed rates. This has become possible due to the market’s anticipation of interest rate movement over the medium term (whether right or wrong !). With the removal of exit fees however, offering low fixed rates can disguise a defensive measure by Banks to avoid borrowers re-financing. There may therefore be another agenda behind the strong marketing of fixed rate products we are seeing currently. Just remember that opting out early from a fixed rate loan can be costly.
When investing in or developing real property, it is crucial to choose the correct structure to purchase the property in question to ensure an optimal and efficient outcome. There are a number of options available and the structure selected must suit the particular circumstances in order to achieve the desired result.
Our amazing staff have been super busy studying behind the scenes...
Geoff Steer is featured in the March Issue of the Moonee Valley Weekly about his recent performance in finishing in the top 10 of a national examination that tested financial knowledge