Katrina Parrington

Mortgage & Finance Broker, Elders Home Loans – Northern Territory – P. 8932 8900

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  • Elders Home Loans

  • Katrina Parrington

    I am a long term Centralian resident with more than 18 years experience in the financial services industry. Initially, in Real Estate in Adelaide before pursuing a career with Elders Insurance Alice Springs and lending roles with major banking institutions where I gained extensive experience in Home Loans and Commercial Lending here in the Alice and in Darwin.

    I have a unique set of skills that ensures I understand your lending needs and can provide you with professional advice and personal service.

    Tel: 08 8953 8800
    email: katrina.parrington@eldershomeloans.com.au

Is buying a property now cheaper than paying rent?

Posted by Katrina Parrington on February 9, 2016

Despite what the media has been portraying it is a tough rental market at the moment. There are still so many tenants who are vacating properties to buy their own properties. With the current interest rates at their lowest, paying a mortgage is now cheaper than paying rent. I have now heard this from numerous tenants. They may not be buying in the same suburbs they are leasing in but, they tell me they have the chance to stop paying someone else’s mortgage and invest in their own with more security. There are so many new buildings and developments happening in Sydney.

Source: Is buying a property now cheaper than paying rent?

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