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In current challenging economic climate, a lot of borrowers and investors have been asking Pixel Finance, ‘Is this the right time to purchase real estate or will the prices come down in the short to medium term?’.
With interest rates at an all-time low, and many lender’s fixed rates lower than their variable options, locking in an interest rate on your home loan to guard against possible future fluctuation may be attractive.
There’s an old saying that you should never judge a book by its cover, and this is true for houses – after all, who would buy one having never seen more than the front door?
When was the last time you looked closely at your loan, the progress you are making on paying it off and how it compares to others in the market?
If you’ve been thinking about purchasing your first property, 2020 might be the time to pounce.
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