It sure looks like there’s going to be some changes in the property market in the next few weeks and months.
Interest rates are round 3% and looking to stay there for at least a year, the restrictions on loan to value ratios are being removed and banks have been told they can relax their lending criteria from the reserve bank.
Add to that consumer confidence levels, unemployment rates and tourism numbers at zero and you can see a lot of uncertainty and equal amounts of opportunity.
I plan to start exploring this and getting my “Ducks in a row”, first thing I need to do is get some funding so I called my mate Dave Windler to see if we can make any sense of it all.
Steve Goodey – Property Coach and Dave Windler from The Mortgage Supply Company discuss the funding changes brought about because of the Covid pandemic.
Posted by Steve Goodey – Property Coach on Thursday, April 23, 2020