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Q: hi, with a new investment property is now a good time to be fixing rates and can you fix an interest only loan?
A: Hi there
It will depend on your future goals and how much control would you like to enjoy over your budgeting.
Another factor that needs to be considered is your loan structuring.
I will be happy to assist you with your queries over an obligation free face to face session.
Cheers
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Q: Hi. We have just sold our home and have a sum of money to put into term deposit. The bank we are currently with is backed by government for $250k deposits. Are we best to do 2 separate deposits and are we also best to have fall due in different financial year? We plan on buying again within 12 months. My partner is working however I am not at moment but plan to shortly.
Thank you
A: Hi there
Do you own another property with a mortgage at the moment?
Kind Regards
Tj Virdi