Great news, mortgage holders! Interest rates are set to drop earlier than expected, as predicted by Commonwealth Bank. The cuts could start as early as this September, with further relief continuing until 2025. The official rate is likely to be reduced to 3.6 per cent by the end of 2024, along with three more possible cuts in the first half of 2025.
To get yourself ready ahead of the interest cuts, you need long-term strategies for your investment portfolio. With over 30 years of experience in the industry, IPW’s team offers professional advice and guidance, empowering you to make informed decisions in the highly changeable property market and to harness profitable opportunities. Talk to us today to learn about your portfolio’s potential.
