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Facts & FAQs: Where are interest rates heading?
In this week's episode Kej talks about where interest rates are likely to be heading and what that means for us as investors.
The key data facts broken down in this episode are:
The current interest rates
Where rates are likely to be heading
Impact on our cash flows as investors
Where should we be focus our investments
In summary we are likely to see one or two more rate rises this year followed by stability and potentially even a drop in late 2023.
With increased skilled migration and supply shortages the majority of investors should be focusing on affordable suburbs on the fringes of our premier cities with infrastructure and access to employment hubs.
With savings rate at a 10 year high there are a number of people with good income buffers in the bank, it is important to use this data to understand which areas least likely to be impacted by rates rises and will in fact keep growing.
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Kej has over 10 years of experience in financial services and real estate industries and has a desire to help people become more financially conscious so that they can build wealth systems and ultimately live a life with more freedom. Connect with Kej on LinkedIn.