Mortgage Brokers Brisbane Gold Coast
It’s crucial to recognize the impact that credit cards, store cards, or buy now/pay later accounts can have on your ability to secure a home loan. Each of these accounts affects the amount that lenders are willing to lend you when you’re in the market to purchase a property. In this article, we will explore […]
Ditch the credit cards and increase your borrowing capacity Read More »
Managing personal debt is crucial for maintaining a strong financial position, especially when considering significant financial decisions like purchasing a new home, investment property, or refinancing. It is important to be mindful of credit card usage and expenditure. In Australia, there are currently 13,176,477 credit cards in circulation, with an average balance of $2,948 per
Crushing that credit card debt Read More »
Investing in real estate can be a highly profitable venture, but it requires careful consideration, financial stability, market knowledge, and a well-defined strategy. If you’re contemplating buying an investment property, here are some key indicators to help you assess your readiness and build a successful property portfolio. Financial Stability and Mortgage Eligibility Prior to purchasing
Are you ready to buy an investment property? Read More »
Living in a capital city means witnessing a constant presence of cranes on the skyline, raising questions about the demand to fill the ever-expanding developments. Surprisingly, these properties are being occupied at an impressive rate, despite reports of a housing shortage and struggling builders. High rental costs have pushed more people to accelerate their purchasing
Will Our Housing Market Cope? Read More »
The start of the new Financial Year is here and it is more than just a date on the calendar—it’s a catalyst for growth, innovation, and financial success. So, let’s delve into this exciting time and explore how you can make the most of the new financial year! What is the Australian financial year? The
A Fresh Start for Financial Triumph: The New Financial Year Read More »
The end of the financial year is a crucial time for businesses and individuals in Australia. It marks the completion of a 12-month period used for tax purposes, starting from 1 July and ending on 30 June of the following year. As this deadline approaches, it’s important to understand the tasks involved and the information
A Guide to the End of the Financial Year: What You Need to Know Read More »
The Reserve Bank of Australia (RBA) has taken the financial markets and economists by surprise by announcing its 12th rate hike since May of the previous year. In its latest move, the central bank has decided to increase interest rates by 25 basis points to 4.10 percent, aiming to address the persistent issue of high
Reserve Bank of Australia Surprises with 12th Rate Hike to Tackle Inflation. Read More »
The Advantages of Refinancing: A World of Possibilities Imagine a world where your loan works tirelessly to serve your financial goals. Enter refinancing, a magical process that replaces your existing loan with one that offers superior terms. With the potential to secure a lower interest rate, shorten your repayment period, or switch to a fixed
Unlocking Financial Freedom: The Art of Refinancing Read More »
Investing in a property and considering a renovation project can be a smart move to “manufacture equity” in your home, particularly in today’s Australian market where property values are experiencing a decline in many areas. However, achieving the maximum return on your investment requires careful consideration of various factors. Here are some key aspects to
Maximizing Your Property Investment: Key Considerations for Renovations and Returns Read More »
Many homeowners are feeling the pinch of the Reserve Bank of Australia’s (RBA) increased cash rate, which has been raised for the eighth month in a row. The most recent increase, from 2.85% to 3.1%, was made in the RBA’s final meeting of 2022, as part of its ongoing effort to cool rising inflation. The
