Property Finance Uncut: The potential for future rate changes

01 AUG 2023 By Robyn Tongol 8 min read Finance

In this episode, Smart Property Investment’s Phil Tarrant and Finni Mortgages’ chief executive, Paul Glossop, discuss the current state of Australian lenders and the property finance landscape following on from yet another rate decision.

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The duo delves into the latest Reserve Bank meeting and its impact on interest rates and mortgage rates, discussing conflicting data on unemployment and within the retail sector, and the potential for future rate fluctuation.

Paul highlights the significant rental growth in the past 12 months, making it an opportune time for property investors, before emphasising the importance of investors taking proactive steps to refinance, extract equity and borrow responsibly.

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