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 ...
While this inst necessarily new news, more and more banks are opening up their floppy arms welcoming back interest-only investor loans.
Is wasn't very long ago that all had seemed lost in this space... extra pressure from APRA to clear the Interest-only investor loans from the banks books only gave the banks a free ride to increase ...
So... It finally happened. New fixed rates from 2.99%
We are now in a market place where we are able to obtain a 3 year fixed rate of 2.99% !
Yes, 2.99% (comparison rate of 3.53%) and this is effective as of the 28 June 2019.
There are some conditions like the fact that is needs to be new borrowings of $300,000 or more and ...
Investment interest only lending - its back! Yes, you heard right! 10 years and 90% LVR are back for investment interest only lending.
I received an email today from a lender that effective Monday 25th March 2019, they will be making the following changes to Residential Investor Interest only lending.
Interest only availability for ...
3.99% Interest Only 3 Year Year Fixed Rate....yes, its not an error! I knew this day would come!
We are now seeing all the banks dropping their rates likes it's going out of fashion as the Market really has had a massive hit!
This means that I can now secure you a 3.99% rate on an Interest only loan for investment. Finally, we are ...
Property investors seem, by all accounts, to be feeling the squeeze from fixed loaning rules and higher financing costs, with an unexpected droop in speculator lodging money in September, as per the Australian Bureau of Statistics' (ABS) most recent lodging fund information.
The ABS' September information additionally indicated huge ...
Rising home credit loan costs may push contract pressure assist into hoisted an area in mining locales and different parts of the nation with sickly work markets, contract protection monster Genworth Financial cautioned on Wednesday.
As indicated by Genworth, a higher extent of mortgage holders in Queensland and Western Australia have ...
For prospective buyers searching for a home in Australia’s once dynamic mining towns, it’s as if the nation’s mining boom never took place.
Median house prices in key mining centres in Queensland and Western Australia have fallen to below the average price of more than a decade ago. This has wiped out the capital gains of the iron ...