Australia now has the lowest loan rates ever in history

For many, it is a chance to get a loan on very favorable terms.Financial advisor Michał Brandt suggests what to look for before applying for a loan.

Mortgage rates likely to remain at record lows well into 2022. Source: Unsplash/Tierra Mallorca

"The matters discussed in this audio material are of general nature only and do not take into account individual financial situations, needs or goals.The circumstances of each person are different and therefore it is advised to contact a financial advisor to consider whether the concepts discussed here have any application in a specific situation of a particular listener. "