In this episode, Tim from Nexus Money discusses his predictions for interest rates over the next two years and what it means for Brisbane property buyers and investors.
Tim notes that there may still be a few more rate increases in the coming months. Borrowers should be prepared for continued pressure on mortgage repayments in the short term.
The roll-off of fixed rate loans over the next year could have a significant impact on the market. As these fixed rate loans revert to higher variable rates, it could put pressure on the market and potentially lead to a decrease in rates and stress test levels in order to stimulate the market.
Tim also highlights the potential for Brisbane to be a good market for property buyers due to upcoming events like the 2032 Olympics. Strong infrastructure investment and population growth make Brisbane a compelling long-term investment destination.
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