Another Reward For First Home Buyers 2.99% Fixed For 3 Years
The good news keeps going for first home buyers as 2 major lenders announce a 2.99% Fixed interest 3 Year rate for owner occupiers. Owning your first home in Brisbane has become a little more affordable as lenders rates continue to drop. Lower rates, mean lower repayments, therefore this creates an opportunity for First Home Buyers on lower incomes looking to enter the market but could not previously afford the repayments. It also means, that other First Home Buyers can pay off their loan repayment quicker by investing the saving in the rate into higher repayments.