Mortgage Focus January 2019

Happy New Year! We hope you enjoyed some quality time with family and friends over the Christmas and New Year break. Welcome to our first newsletter for 2019. As many people are still on their summer holidays, there’s not much happening in our property markets this month. Few auctions have been listed around the country […]

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Mortgage Focus – November 2018

November is an exciting month as the Spring Racing Carnival kicks into high-gear and we begin the countdown to Christmas. It’s an exciting time for property buyers too, as auction clearance rates continue to slide, and sellers struggle to get their price in the spring property market. Interest Rate News At its November Melbourne Cup […]

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4 important property investment finance tips

Since the lenders cracked down on popular options like interest-only loans, finding creative finance strategies for growing your property investment portfolio has become more important than ever. As an investor, how you set up your finances can have a huge impact on the success of your property portfolio. In this article, we share a few […]

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RBA cash rate on hold for November 2018

As expected, the RBA kept the official cash rate on hold again at its November Melbourne Cup Day meeting. Forecasters are predicting no rate rises until late 2020 and don’t rule out the next move being a rate cut, considering declining home prices. However, despite auction clearance rates falling below 50% in most markets during […]

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6 negotiation tactics for spring property buyers

With home values and auction clearance rates softening in our spring property markets, buyers will have the upper hand when it comes to negotiating on price. So, it’s a good idea to arm yourself with some sharp bargaining tactics before diving in. Nobody wants to pay more than the current market value for a home. […]

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Mortgage Focus – October 2018

The last weekend in September was a little quiet in our property markets, as buyers took time off to watch the AFL and NFL Grand Finals. We hope your team won and you’re now back on the open inspection circuit – there are plenty of bargains up for grabs in our spring property market and […]

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October 2018 cash rate on hold at 1.5%

As expected, the RBA kept the official cash rate on hold for the 25th month in a row at its October meeting. During September, a number of lenders made out-of-cycle rate rises to account for their increasing borrowing costs, so we expect home loan interest rates to remain relatively stable for the time being. Forecasters […]

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August 2018 cash rate on hold at 1.5%

The Reserve Bank of Australia announced on Tuesday that the cash rate is on hold at 1.5%. Property market conditions continued to turn in favour of buyers last month. Home value movements have stalled, auction clearance rates have dropped, and properties are on the market longer. With interest rates remaining low, now is the time […]

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Mortgage Focus June 2018

We hope you are embracing the arrival of winter and enjoying the cool change. In recent weeks we’ve seen conditions for property buyers improving, with fewer homes reaching the reserve price at auction and values trending downwards in many markets. During the colder months, there are usually fewer buyers doing the rounds, so there could […]

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June 2018 – rates still on hold

As expected, the Reserve Bank of Australia (RBA) decided to leave the official cash rate on hold at 1.5% at their June meeting today. The RBA has not moved on rates since August 2016, with the objective of stimulating inflation, employment and wages growth through rate stability. However, the Organisation for Economic Cooperation and Development […]

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Mortgage Focus May 2018

Can you believe it’s already May? If you’ve been thinking about a 2018 property purchase, here’s why now is a great time to go for it. Firstly, the cash rate remains unchanged at a record low level. Secondly, home values and auction clearance rates are falling in many markets around the country, so conditions look […]

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Mortgage Focus April 2018

We hope you had an amazing Easter long weekend and the Easter Bunny was very generous! March was an exciting month in the property world. In the week prior to Easter, we saw the highest volume of auctions ever recorded across the combined capital cities, and by Melbourne individually. Meanwhile, most capital city home values […]

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