CAN I USE MY SUPER TO BUY MY FIRST HOME? Yes, you can, but many people have not even heard of this, let alone taken advantage of it to become a First Home Owner. As mortgage brokers, we have been surprised that there have been very few clients using the scheme to get their deposit funds . . .
Are Interest Rates On The Rise?
ARE INTEREST RATES ON THE RISE? Did you know it’s been 11 years since the Reserve Bank of Australia has increased its cash rate? It has been decreasing all this time leaving it with a record low rate of 0.10%, which it first dropped to during November of 2020 in order to help support the economy . . .
6 Changes to REIQ Contracts in Queensland
CHANGES TO REIQ CONTRACTS IN QUEENSLAND As of the 20th January 2022 there were changes made to REIQ (Real Estate Institute of Queensland) contracts in Queensland. These include the Contract for Houses and Residential Land (17th ed.) and Contract for Residential Lots in a Community Title Scheme . . .
8 Reasons Why You Should Consider Using An Insurance Broker
8 Reasons Why You Should Consider Using An Insurance Broker Now that you are getting a home loan, there are some important insurances you will have to consider. The first type is the Building Insurance – this is something you will need to get before your loan settles. All . . .
Is It Really Possible To Buy Your First Investment Property In The Current Market?
It Is Possible To Invest In Property Given The Current Market? Are you wondering if it's really possible to invest in property in the current market? Here I'll share with you a lovely couples journey that we helped make their first investment property purchase possible. Already being . . .
Everything you need to know when refinancing in 2021
Unlock Equity, Refinance & SAVE! Did you know, if your property has increased in value, the amount of equity held in that property will have gone up too? You can then refinance your mortgage to access that increased equity, which can then be used to cover the deposit and all costs on . . .
Is it worth breaking a fixed rate home loan to refinance for a lower interest rate?
Many people are asking us this exact question these days. With interest rates at an all-time low, and household expenses at an all-time high, refinancing to a lower interest rate looks like a great way to save on your monthly budget and it absolutely can be. But you do need to weigh up the costs of . . .
Rock-bottom Interest Rate Home Loans now available thanks to COVID-19
We’ve had many people asking us how they can take advantage of the CRAZILY LOW interest rates that are now being offered. We’d like to shed a bit of light on this. Yes, thanks to COVID-19, our economy is trending downward and the RBA has reduced the cash rate to an unprecedented 0.25%. Many lenders . . .
Why have banks increased interest rates, when the RBA cash rate hasn’t changed?
We’ve had a lot of clients ask us recently, “why are interest rates being increased by banks, when the Reserve Bank of Australia (RBA) hasn’t had a rate increase?” To explain we need to give you a quick run down on a few things. How does the Reserve bank affect interest rates? The Australian Federal . . .
Do you like the number 3?
Three is the number to own right now. It's the number at the start of many of our home loan rate options, while most of the others start with a four. Boring. So, while the big banks are sending their rates ever upwards, we can get you as low as 3.69% on your loan. There are specific terms and . . .
