Buy Now – Pay Later?

Graeme Salt Broker 2, News, Uncategorized Leave a Comment

Is now a good time to buy?  The banks are lending us more, loan repayments have dropped and house prices appear to have stopped falling. But rate cuts happen for a reason and the global economy seems to be spluttering – partly driven by fears of a trade war. Historically, there have only been two causes of recession in Australia; …

Property spike or dead-cat-bounce?

Graeme Salt Broker 2, News Leave a Comment

So, you have got extra cash in your pocket courtesy of rate cuts and tax cuts – what do you do?  Many Australians are due to receive $1,080 cash back from the Tax Office over the next few weeks while recent interest rate cuts mean that someone on a $400,000, 30-year loan, will save $1,259 a year.  But what will …

Home Buyers Hold the Aces

Graeme Salt Broker 2, News Leave a Comment

Author – Graeme Salt Monday after the election – and the Origin Finance phones were ringing way more than normal. In the run-up to the election, Origin brokers had noted many potential buyers sitting on their hands, waiting to see the election result. Certainly, had the ALP been elected, at best a brake would have been put on house prices, …

200,000 Reasons Why It’s a Dip Not a Housing Crash

Graeme Salt Broker 2, News Leave a Comment

The property market has turned negative, how low can it go and for how long?  Some experts think we are close to the bottom, others think we have further to fall. But, even in a worst-case scenario, is this a disaster? Most doom-mongers take a short-term approach and only talk about what will happen in the immediate months and years.  …

Cheapest is Not Always Best

Graeme Salt Broker 2, News Leave a Comment

Author – Graeme Salt Good mortgage brokers strive to get the best deal for their clients.  But best is not always the cheapest. Our Christmas and New Year was overshadowed by a loan we were arranging where the original bank really put the borrower through the wringer – so much so that we ended up going to another lender. The …

Henry’s Tips to Keep your Tail Wagging in 2019

Henry Daniell Broker 2, News Leave a Comment

As 2018 draws to a close, I would like to acknowledge how productive my pack has been – and I mean productive in more than one sense of the word!  Not only have my pups been financially productive, they have also started the process of creating another generation of successful mortgage brokers. Of my office-based team: Dawn Puts the fear-of-God …

Do Aussies still want McMansions?

Graeme Salt Broker 2, News Leave a Comment

Author – Graeme Salt Is the Victa mower now dead as Aussies want different things from their home? Is a pool a great asset which adds value to a property or just drain on the pocket requiring lots of maintenance? New research shows that this generation of Australians want different things from their homes than their parents did. Where once …

Could you build a palace with this new renovation loan?

Graeme Salt Broker 2, News Leave a Comment

Tighter lending conditions have made buying a dream home difficult for many Australians. But, choose your lender wisely and you may be able to renovate to something fantastic. With the Australian property market now in the doldrums, many homeowners are choosing to renovate rather than relocate. And, some lenders are surprisingly generous in what they will let home owners do …

How to Succeed in a Falling Market

Graeme Salt Broker 2, News Leave a Comment

Author – Graeme Salt Sydney recorded its fourth consecutive quarter of falling property prices (-1.2 per cent) while Melbourne was down for the second consecutive quarter (-0.8 per cent). Believe it or not, investors can still make money in the property – if they make wise choices. Australia is one of the largest countries in the World; and to talk …