Mortgage Brokers Brisbane Gold Coast
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Caitlin and Joel Loan amount:$670,000. Monthly repayments:$2700. Grants accessed:First homeowner $15,000 and 2020 HomeBuilder $25,000. Deposit:15 per cent plus 5 per cent guarantor finance to reach the 20 per cent threshold required to avoid paying Lender’s Mortgage Insurance (LMI). While 2020 was the year many things in the world fell apart, it was the year […]
First home buyer profile Read More »
Millions of Australians on low fixed-rate loans will be bracing for impact when they expire in the next year. It’s time to get prepared to manage the bill shock of coming off a fixed rate. Don’t panic but start planning Until recently, many Australian mortgage holders have only ever experienced interest rates heading in one
Beating end-of-term blues Read More »
Great outdoor areas can add tens of thousands to the value of your home, not to mention the added enjoyment of spending time in the garden with family and friends. Landscaping is also one of the few home improvements that can actually increase in value over time as plantings mature. So, shake off the winter
Congrats to our August Winner – Magie wins a $500 Coles Myer voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Magie, and she’s won a $500 Coles
Monthly Winner for August 2022 Read More »
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate by 0.50% to 1.85%. The increase follows a slightly better than expected annual inflation figure of 6.1 per cent in the June quarter and falling house prices in some eastern state cities. Balancing out these factors is an unemployment rate of
RBA rises August cash rate to rein back inflation Read More »
Congrats to our July Winner – Nicole wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Nicole, and she’s won a $500 Bunnings voucher.
Monthly Winner for July 2022 Read More »
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate, by 0.50% to 1.35%. With the RBA continuing to try and head off inflation before it takes too strong a hold on our economy, the decision was made to raise the rate. Lenders can set interest rates independently of RBA movements
As expected, RBA cash rate once again increased for July Read More »
House prices have surged, meaning hidden costs associated with buying a home have jumped too. If you’re on the hunt for a new property, it’s worth checking your budget still covers the extras that can add tens of thousands to your costs. In the past two years, the average house price in Australia has leapt
Will your budget stretch beyond the sticker price? Read More »
Renovating for profit can be a tricky business in a cooling market. But it’s more a science than an art if you know the pitfalls. Here are six common mistakes to avoid. 1. Not having a plan This obvious but common error is responsible for a host of renovating sins, from paying too much in
Perfect your flip Read More »
Navigating the dos and don’ts of investment property returns. Rental properties and holiday homes are once again in the sights of the Australian Tax Office, which has had growing success identifying erroneous claims. Last year about 70 per cent of returns related to investment properties audited by the ATO had to be amended, most often
Pitfalls and hidden gems Read More »
