Borrowing is back!
We’re the envy of many, with positive economic indicators and one of the best financial systems in the world. It’s all about the comeback! Australian Bureau of Statistics data confirms the solid performance by Australian housing markets in 2011, with the number of owner-occupier housing loans rising by 2.4 per cent over the 10 months ending October compared with the same period in 2010.
What the experts say:
- October 2011 was the 6th consecutive month with a rise in home loan approvals.¹
- Australians intending to buy an investment property in the next 9 months rose to 9% in 2011.²
- 750,000 Australians have joined the workforce in the last four years vs. 7 million job losses In the US.³
There are many reasons for you to feel good, so… let LCU fund your future with confidence!
Whether you’re a first home buyer, looking to refinance your current loan, are looking to purchase an investment property or would like a personal loan, look no further than LCU.
Find out the best interest rate you can get on your loan by either calling one of our friendly staff on 9859 0585 or enquiring online today.
¹ ABS 5609.0 Housing Finance, Australia – October 2011
² Datamonitor Mortgage Outlook in Australia 2011, September 2011
³ Federal Treasurer’s Economic Note no. 039, 16th October 2011
