Step 1 : Why buy now ?
The Scoop on Interest Rates & Your Property Investment
To fix or not to fix your interest rate - that is the question
“ By failing to prepare , you are preparing to fail .” - Benjamin Franklin
Interest rates have a major impact on your property investment portfolio and are currently at 50-year lows as you can see in the below graph . This creates a tremendous opportunity for investors but should also be considered a chance to prepare . What goes up must come down and what comes down , must eventually go up again .
Not good for economic growth and the GDP of the country in the short-term , so they will only do this if it is necessary .
This is also why interest rates usually come down after going up if inflation and spending are under control .
Here ’ s how interest rates affect your property investment .
6 FIRST-TIME INVESTOR