I had one of my clients call me recently to ask this very question and their new loans recently settled and they were so happy with the ease of how this worked so I thought I would share my thoughts.
One that only a few years ago I had helped them buy their first home and their story is amazing but for purposes of privacy, let’s call ...
The humble owner-occupier is taking advantage of record low interest rates to borrow and upgrade their abodes. For many it is to complete the dream they had for their home, further fueled by the new abstract meaning the pandemic placed on our place of residence, forced to become the home, office, and entertainment arena for the majority of ...
I get asked this question a lot still to this day.
"why should I should I see you instead of using a bank directly"
The question is still valid and I am more than happy to discuss this question.
The biggest difference that we see is the ruling that us brokers are bound by. That is we are bound by "best interest duty" which means ...
Yes you read correctly! Right now, its currently cheaper to buy a property then it is to Rent in Victoria.
Home Loan Rates are the lowest they have ever been which now makes it even easier to get into your own home.
Add the current Government grants to the equation and it makes its even easier to get the keys to your own home. ...
The Reserve Bank of Australia has decided to leave the official cash rate unchanged at 1% as it awaits fresh economic data to allow it to assess the impact of its June and July cuts.
In making this decision not to drop rates again the RBA will have considered some early evidence of an improving housing market following its previous cuts. ...
Finally, we are
here… The Australian Prudential Regulation Authority or APRA as they are
commonly known have all agreed to release Australians from a tight grip on the struggling
mortgage industry by advising all lenders big and small that they can change
the way they assess customers’ ability to meet repayments.
A few months ago ...
Just received an email today advising me of a fantastic offer from one of my many lenders for first home buyer's!
First Home Buyer's that apply during the campaign period are eligible for:
A special 2-year rate of 3.68% p.a. (comparison rate 3.77% p.a.) on Fixed Owner Occupier Principal and Interest loans with up to 90% LVR $150 ...
The Australian property market is progressively troublesome for youthful first-time homebuyers to break into, especially in beautiful state of Sydney.
An examination by the Reserve Bank of Australia found that the average potential first home buyer – with an expected borrowing capacity of around $474,000 – could bear the cost of only ...