Is it a greater opportunity for first home buyer?

Russel Alam Uncategorized Leave a Comment

Is it a greater opportunity for first home buyer? According to a report from CBA economist Gareth Aird, Australian house prices have been rocketing since 2012. At one point it felt like The first home buyers dream is going away and then further away… But what goes up, Must come down. Australian property market – particularly Melbourne and Sydney – …

Why brokers hold the keys to getting your foot in the property door

Sourav Dey Roy Uncategorized Leave a Comment

Getting a foot in the door of your dream home might be getting harder, but talking to a mortgage broker could get you the keys more quickly. Purchasing a property in today’s housing market is not for the faint-hearted. Would-be homebuyers have only to turn on their TV – or check Facebook or Twitter – for the latest news informing them that their dream …

What Is Going On In The Mortgage Industry

Russel Alam Uncategorized Leave a Comment

RBA CASH RATE UNCHANGED The Reserve Bank of Australia (RBA) has decided to keep the cash rate at 1.5 per cent for the 25th consecutive month of RBA announcements MORE TIGHTENING TO INTEREST ONLY LOAN Earlier this year, the regulator announced new curbs to interest-only lending. Regulator’s focus on tightening of credit regulations on interest-only loans is a welcome change as it …

Easy refinancing for a better deal on your home loan

Sourav Dey Roy Uncategorized Leave a Comment

While refinancing your home loan may seem overwhelming at first, it’s less complicated than you might think. With historically low interest rates and increased competition across the home loan industry, lenders are keen to get your business. When you first took out a home loan, you probably paid very close attention to interest rates, but once the loan settles most …

Property experts slam 60 Minutes housing crash scaremongering

Graeme Salt Knowledge Centre, Uncategorized Leave a Comment

Isabelle Lane| The New Daily| 17 September 2018 https://thenewdaily.com.au/money/property/2018/09/17/housing-crash-60-minutes/ A television report alleging Australian home prices could crash by as much as 40 per cent in the next year has been slammed by property experts. Titled “Bricks and Slaughter”, the 60 Minutes report by journalist Tom Steinfort focused on a “nightmare” scenario outlined by Digital Finance Analytics principal Martin North. It predicted “two-fifths of your home’s worth [would be] wiped …

The surprising capital city suburbs where rental properties ‘pay for themselves’

Graeme Salt Knowledge Centre, Uncategorized Leave a Comment

Isabelle Lane| The New Daily| 3 September 2018 https://thenewdaily.com.au/money/property/2018/09/03/top-suburbs-rental-returns/ “Plenty” of inner-city suburbs turn a profit for landlords right away, analyst Simon Pressley says. Photo: Propertyology Isabelle LaneJournalist Share TweetShareRedditPinEmailComment Property investing is typically a long game, but data shows that  rentals in select suburbs around the nation are proving cashflow positive for landlords almost instantly due to a combination of low home prices and high rental returns. …

How to speed up your home loan approval

Sourav Dey Roy Broker 2, News, Uncategorized Leave a Comment

Asking how long it takes to get a loan approved is like asking how long a piece of string is. Every application is unique, so the time between your first contact with your bank or broker and approval can never be predetermined. There are, however, some things you can do to help hurry your application along.   Although very rare, …