Interest-only investor loans up to 90% LVR

Interest-only investor loans up to 90% LVR

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 ... More

New fixed rates from 2.99%

New fixed rates from 2.99%

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 ... More

investment interest only

10 years & 90% LVR are back for investment interest only

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 ... More

LOW INTEREST RATE

3.99% Interest Only 3 Year Fixed Rate

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 ... More

Investors are leaving the housing market alone

Investors are leaving the housing market alone

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 ... More

What does the average property investor look like

What does the average property investor look like?

At the point when most Aussies consider property financial specialists, they summon pictures of affluent, full-time examiners wearing conspicuous suits and driving games autos. Be that as it may, examine directed by Maria Yanotti, speaker of financial aspects and fund at the Tasmanian School of Business and Economics, uncovers an altogether ... More

Home loan pressure could intensify in the mining areas

Home loan pressure could intensify in the mining areas

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 ... More

House costs come back to more reasonable levels in mining towns

House costs come back to more reasonable levels in mining towns

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 ... More