It’s the questions on everybody’s mind – What will the property market look like post-COVID? The short answer is woeful for the short-term. However, long term analysis points to an eventual recovery, unfortunately it’s almost impossible to put a finger on the ‘when’.
As the Australian economy gets back to normal on the back of the COVID-19 enforced shutdowns easing, borrowers are sitting in an enviable position.
If you’ve already got a home loan, then you should consider refinancing, to take advantage of the revised low cash rate and to make sure you’re getting the very best deal you possibly can.