There’s no doubt about it – with two interest rate hikes in February and March, and lenders scrambling to recover costs associated with their exposure to the US credit crisis, 2008 is proving to be an expensive time to own real estate.
Rising rates certainly can put pressure on your pocket as a property investor
– but, there are strategies you can use to help you ride the financial rollercoaster
It can be confusing to know whether to get a variable rate or fixed rate mortgage, and what features are important. That's why it's important to not only check the right rates, but make sure that you're getting the right features in your home loan. Get help choosing the right home loan