According to a recent BIS Oxford Economics forecast, Australian home loan interest rates are predicted to fall by a significant 1.75 percentage points over the next 18 months. This is fantastic news for Victorian homeowners who are looking to save money on their monthly mortgage payments. By the end of 2026, this decrease in interest rates is estimated to save homeowners a whopping $700 per month!
That’s right – owning a home in Victoria is about to become much more affordable. And the good news doesn’t stop there. The economic forecast also predicts a rise in housing construction activity, which means more houses will be available for purchase in the near future. This is great news for aspiring homebuyers who have been struggling to find an affordable property in Victoria’s competitive housing market.
How can Create Real Estate help?
If you’re a Victorian homeowner looking to take advantage of falling interest rates, Create Real Estate can help you refinance your mortgage and secure a lower interest rate. We can also help you assess your borrowing power and determine how much home you can afford.
If you’re an aspiring homebuyer, Create Real Estate can help you find your dream home in Victoria. We have a wide range of properties for sale, and our experienced agents can help you navigate the buying process.
Contact Create Real Estate today to learn more about how we can help you achieve your homeownership goals!
Don’t miss out on this opportunity to save money and achieve your property dreams!
Call Create Real Estate today!