Don’t expect a rate reversion

Gone are the days of 3 per cent interest rates – a real estate CEO warns that high mortgage rates are the “new norm”. On this episode of The Smart Property Investment Show, host Grace Ormsby sits down with a powerhouse of the property world: Geoff Lucas, chief executive officer of The Agency. Geoff shares how the unseasonable January frenzy made its impact felt on his side of the executive desk, and reveals the lay of the land for the year to come. He discusses the likelihood of a reduction of interest rates in the immediate future, and shares his own plans for business growth in the coming 12 months. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, X (formerly Twitter) and LinkedIn. If you would like to get in touch with our team, email [email protected] for more insights, or hear your voice on the show by recording a question below.