Looking to get into the investment property game and on the hunt for the right home loan to do it?
With the RBA cut earlier in the month, and the official cash rate hitting a record low 1.00%, home loan providers have been slashing rates left, right and centre on both variable and fixed loans. So now could be the perfect time to nab a good deal and make your property investment dreams a reality.
Especially considering new research done by big bank, ANZ, which projects that property prices are going to hit the bottom of the market over the next few months so now is a good time to buy. And particularly for buyers in Sydney, Melbourne or Perth, with the median house price remaining 10-13% below peak in those cities.
While getting a good rate is important, as an investor, there are also a bunch of home loan features you should keep your eye on, like an offset account or flexible repayment options.
So with that in mind, here’s a handful of investment home loan options that could be perfect for you!