To Fix or Not to Fix Rates? – That is the Question It’s fair to say no one really knows what’s going to happen with interest rates over the next few years. Even though we can all speculate on what may happen with interest rates, until the actual day of…
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Looking for a property to purchase is an exciting time and it’s easy to get carried away with the fun part of buying a property. But delaying the task of arranging finance will only weaken your negotiating position and lessen your chances for success. So, get your finance pre-approved before…
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It may be an admirable trait in personal relationships, but in financial matters, loyalty can come at a cost. Sticking with the same loan longer than three years can cost borrowers thousands, with competition to win business resulting in new customers paying lower rates than existing ones. This so-called loyalty…
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In a year when just about every real estate record was broken, home buyers turned to mortgage brokers in droves. More than two-thirds - a record 66.9 per cent - of residential mortgages were written by brokers in 2021.1 That's a leap of 6.8 per cent on the year before…
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The number of new loan commitments to first home buyers increased by 1.9 per cent to 11,622 over November – the first time in nine months the total has grown. But, it was 17.4 per cent lower than a year before. First home buyer activity in Victoria grew, with new…
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Looking to buy your first home? If you’re looking to buy your first home, chances are you’re also looking for your first home loan. It may seem daunting, but it doesn’t need to be. With some expert advice and help along the way, you can find the right loan and,…
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What type of mortgage suits you now? There’s much more to refinancing loans than just finding more attractive rates and fees. Obviously a low rate is important, but it’s not everything. Your new loan may be a different type of facility to your current mortgage and offer features that make…
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Why Should You Refinance? Reviewing your home loan every year or two is a good habit to get into. As the market and your circumstances change, the home loan that was right for you previously, may no longer suit you now. You may be looking to save some money, consolidate…
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Some great information here from Karen Adams... Did you know there are three crucial elements to gaining approval for your home loan application? However, I have found that most people only focus on the first two and leave the all-important third element to chance. By missing this key indicator, they…
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13 tips to trading up in a hot property market. Climbing the property ladder can be a tricky manoeuvre in boom times but there are some simple steps to put you ahead of the pack. 1. Sell then buy, or buy then sell? It's an age-old dilemma but you need…
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