Posts Tagged ‘Home loan’
Offset Account. Do you really need one?
I often have clients who come to my office and tell me that they want a home loan with an offset account? When I ask why, most can’t really answer the question. For those that can, the answer usually has something to do with advice received at a BBQ. Banks, credit unions and building societies…
Read MoreBig bank mortgages vs the smaller lenders
I was recently asked to provide some perspective on whether to use the Big 4 for your home loan, or a smaller lender, by online news outlet The New Daily. Like most things there is no clear-cut answer as it all depends on your circumstances! You always need to consider your own requirements and what…
Read MoreSydney property market could drive investors to the Hunter region
Winter is in full swing and despite the cold winds that have blown across New South Wales and the heavy snow as low as 600 metres, this cold doesn’t seem to have slowed the Sydney property market. Domain recently reported a weekend clearance rate at auction of 79.7% – admittedly the lowest clearance rate recorded…
Read MoreRemember to consider the capital gains tax
Yesterday I was reading the Australian Tax Office website. Yes I know it sounds boring but it is actually full of really useful information and most of it is written so it is easy for the average joe to understand, it’s a great resource to get factual information. You can check it out here if…
Read MoreIt’s a marathon not a sprint for most
Like running a marathon, losing 40 kilograms of weight or sailing around the world solo – you have to have a plan, without one, you will probably never reach your goal. Buying a home is no different. Without a deposit the possibility of owning a home becomes reliant on someone else giving you something, whether…
Read MoreApathy is the enemy of Home Loan savings
I will get straight to the point. If you have a 5 on the front of your interest rate then you could be wasting hundreds, even thousands of dollars every year. At Smartline we have a product on our panel (with a well know lender) that is now offering 4.65% p.a. (with a 100% offset…
Read MoreThe fine print of fixed rate home loans
Margaret Godfrey is a Smartline Personal Mortgage Adviser based in Newcastle NSW. Margaret is passionate about making sure that when it comes to obtaining a home loan, her clients make fully informed decisions, based on what is right for their individual situation. Update 3 October 2016 I wrote this are article more than 12 months…
Read MoreTime to put your hand out
The start of the new financial year is upon us. Now is the time to put in place, if you haven’t already, a plan to help you reach those financial goals, whatever they may be. In order to move forward, it is great to look back and see what can be done better going forward.…
Read MoreThe time is now to save money on your home loan
The home loan market is booming at the moment and we are just flat out hence my lack of posts but this activity is the reason for my post today – to share with you some factual information about interest rates. Competition between the banks and non bank lenders is at an all time high…
Read MoreLoan Jargon. What does it mean?
Looking for an explanation of what terms mean then check out this post.
Read More