Q: I know that everyone is talking about how great the interest rate cuts have been but can I wait it out a bit longer before committing to buying a property?

By Abbie Wolf | Published Oct 4, 2020

A:The shockinglylow-interest rate of 7%offers extraordinary opportunities for investors, particularly in sectors like property. The favourable rates are here to stay for at least the next 18 months (if not longer) but the current property buying opportunities will not last for long. We’re already seeing price growth on the property market thanks to the increased demand driven by these amazing interest rates.