The Reserve Bank of Australia (RBA) has announced that it will leave the cash rate on hold at 1.50% for another month. Governor Philip Lowe had this to say in his official statement: “Conditions in the housing market vary considerably around the country. Prices have been rising briskly in some
The stereo typical view of the office is an off-white
room, filled with beige furniture and other uninspiring
stuff that is nevertheless essential to the running of
your business.
So when you're looking for a new property, armed with
a new home loan, what should you look for to ensure
you get the best environment to
There are plenty of products out there for the aspiring first, second or umpteenth home loan seeker. But when you're buying from somebody else, you often have to make concessions. Maybe they aren't as close to the shops as you'd like, perhaps the property doesn't have enough bedrooms - even something like wanting
In your quest to find the right home loan, you might have
encountered the term "interest-only loan", and wondered
what it meant. To help you make an informed decision,
here's a quick rundown on what they are, what benefits
they have and what risks there could be. Interest and principal
Interest-only loans are different from standard
Property is a brilliant asset to have. Unlike other classes, it doesn't just build wealth - it puts a shelter over your or your tenant's head. Investing in bricks and mortar is an incredibly popular choice, whether you're a first home buyer just starting to figure out how much you can borrow,
There's something extremely satisfying about bringing a broken property back from the brink. So satisfying, in fact, that it turns from a hobby into a full-blown career for some. But how can you get started on buying your first fixer-upper?
How is it different from purchasing an established property? And what considerations
Buying, renovating and selling a home quickly can be a
fast-track to property investment success. On the flip-side
however, mismanagement of your investment or buying
without knowing the lay of the land, can quickly change
your dream into a nightmare. To help make sure your real
estate doesn't cause you night terrors, we've whipped up
a
Refinancing your loan has a number of benefits, but just like any major financial decision, you have to ensure that you are doing enough research and asking yourself the right questions. As mortgage brokers, we want to make sure that you get the right loan for the right reasons.
To get you started
Whenever you carry out a home loan rates comparison, you'll need to take all sorts of different factors into
consideration. From the interest you'll be expecting to pay, to the term of the mortgage. These are all features that can have an impact on your final decision.
There are also certain charges you
With a newly formed government now in power, and extremely weak inflation levels, the Reserve Bank of Australian (RBA) has decided to reduce the official cash rate by 25 points, taking it to the new historical low of 1.50%.
Governor Glenn Stevens of the RBA had this to say in his
