A leading economist has warned that owner-occupier mortgages could face the same price hikes as investor loans, putting pressure on the central bank to cut rates. AMP Capital chief economist Shane Oliver told Mortgage Business that while the effects of rate hikes on...
The Reserve Bank of Australia has warned that rising property prices are creating risks in the economy and are unlikely to improve the wealth of nation. In an address to the 54th Shann Memorial Lecture in Perth yesterday, RBA deputy governor Philip Lowe outlined the...
We were given Anish’s name as a financial broker when we were in the process of buying and selling property. Our real estate agent gave us his name and we had an open mind about working with Anish. In hindsight we can say that both the real estate agent and the...
The lending market for property investors continues to tighten, with another major bank announcing significant rate increases for investor home loans. CBA has announced its standard variable rate for investor home loans will increase by 0.27 percentage points, taking...
Make purchasing a home you love simple and stress-free with the following step-by-step buyer timeline. Step 1: Finance / First Home Loan Whether it’s your first, second or third home, obtain pre-approval from your bank or financial institution, so you know exactly...
That’s right, one of our very competitive lenders are currently offering a cracker deal if you are looking at purchasing a home to live in. You will only have to pay $1 for mortgage insurance up to 90% Below are some examples of potential savings based on this offer...
Whether you are an experienced investor or a beginner, there are plenty of steps you can take to grow your money and keep it safe. This section of the website guides you through the basic principles of investing and how to find a good financial adviser. We also...
If you have decided a fixed rate mortgage is the right choice for your home loan needs then it’s only a matter of choosing a lender. Interest rates, fees and repayments will be your main comparison features so start searching and comparing Australian mortgages. With a...
Clients often say to me: “We want to renovate our home. We need to re-stump the house or add another bedroom for the kids…and we do not have the cash available to pay for the work. How can we do it?” Waiting and saving the money to afford the work might be a sensible...
As property prices continue to rise, more and more Gen Ys are staying at home longer. If you think it’s time for your Gen Y child to fly the coop, here are a few options to give them a nudge in the right direction Faced with high house prices and the rising cost of...
