Posts Tagged ‘Mortgage’
First Home Saver Super Scheme
I was recently at a function where I was talking with old work colleagues. We were all lamenting the ‘if only’. If only we’d bought that terrace house (in Newtown in 1991 for $198,000) or that unit with water views (in Mosman in 1996 for $300,000). The reason that we didn’t buy those properties is not…
Read MoreInterest rates set to change for investors
So its been a big week in lending, especially for the investor market. Over the past few years the deals that people could access for purchasing an investment property were the same for people purchasing a home in which to live, but this is about to change. APRA (Australian Prudential Regulation Authority) is the regulator…
Read MoreHow well do you know the area of your potential new home?
I thought today I would give you a tip. You can do with the tip what you please but to be honest I wouldn’t have minded someone brining information to my attention in the past. My tip is – Check out the location of the property at a few different times of the day and…
Read MoreCan I buy a property on my own?
Reading the Sunday paper on the weekend and yet another article appeared this time under the title “Rich Man, poor women – the gap widens”. Accompanying the title was an infographic which showed the wealth of single female households and single male households respectively. The gap for under 35’s in 2010 between men and women…
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 MoreLoan Jargon. What does it mean?
Looking for an explanation of what terms mean then check out this post.
Read MoreThe fixed v variable interest rates decision
As you can see from the chart below, the Reserve Bank of Australia (RBA) kept the cash rate on hold for another month when it met on the 4th February 2014. This decision has largely been made because the inflation rate is steady. Mortgage Brokers are always asked by clients and media representatives to provide…
Read MoreCredit Card debt consolidation might be the answer
My first blog for the year so let me start out by saying Happy New Year. I often see people who have credit card debt and are juggling just to make the minimum repayments on time and I have often wondered how people get themselves into this kind of situation. I consider myself pretty savy…
Read MoreMy Mortgage Application. A visual book.
Getting a pre-approval for your home loan
With the property market heating up and first home buyers and property investors competing for the same limited stock having your ducks all in a row has never been more important. So what does having all of your ducks in a row when in come to purchasing property actually mean. It means having your home…
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