An interest only home loan is a product that allows you to obtain a loan and only pay the interest for a set period of time, without paying off any of the loan principal. Many people think that interest only home loans are only for serious property investors with aggressive purchasing strategies. However, all kinds [...]
Buying a property can be a very detailed and complicated process that takes a great deal of effort to complete successfully. If you have no experience with buying a property, you may find it difficult to know if you have done everything right. The good news is there's no need to do it on your [...]
Conditions are great for home buyers and borrowers! Are you ready to tackle all the excitement of our very busy spring property markets? Last month, the Reserve Bank of Australia (RBA) appointed a new Governor, Dr Philip Lowe. After his very first meeting as the RBA Governor, Dr Lowe announced the RBA would be keeping [...]
Hard on the heels of Grand Final Weekend, the Reserve Bank of Australia (RBA) met for its October meeting today and decided to keep the official cash rate on hold at 1.50%. Today's RBA decision is the first for new RBA Governor Dr Philip Lowe, following the retirement of Glenn Stevens in September who served [...]
With the official cash rate at an historical low and the possibility of more RBA rate cuts on the horizon, this is possibly the most frequently asked question of professional mortgage brokers today. Often the question is focused on the timing, with consumers asking if now is a good time to fix their interest rate, [...]
Hard selling tactics are used by salespeople in a wide variety of industries, including property and real estate. They're designed to get you to make a purchase quickly and deny you the opportunity to evaluate the purchase properly and compare other options. Hard sell sales tactics often include aggressive or forceful language and usually use [...]
Getting a mortgage locked in can be a major hurdle when buying a property, whether you're a home buyer or an investor. For some, it can be a very anxious time and it's easy to understand why you might try to avoid the stress of doing it again for as long as you can. However, [...]
Spring is here and it's also the start of the busiest time of year for our property markets! Auction activity is already heating up in our largest capital cities – are you ready for the rush? At its September meeting last week, the Reserve Bank of Australia (RBA) decided to keep the official cash rate [...]
Spring is here and the Reserve Bank of Australia (RBA) met for its September meeting today and decided to keep the official cash rate on hold at 1.5%. Today's RBA decision follows a 25 basis point rate cut last month, which saw the official cash rate fall to all-time lows. The move prompted a flurry [...]
Saving up the cash for a deposit on a second property can be just as difficult as saving for your first home. So how do property investors manage to get their hands on enough money to build a decent portfolio? The answer is equity. It's a hidden source of wealth that grows inside your property [...]
