What to look for when choosing a mortgage broker

Apr 13, 2017 8:31:58 AM

Many home buyers have discovered just how beneficial it is to enlist the services of a mortgage broker when shopping around for a home loan. Working with an experienced mortgage broker not only saves you time as they do the legwork for you, it can save you money too when it comes to finding a mortgage with the best terms and interest rates. So, what should you be looking out for when choosing a mortgage broker to work with? Here is our list of top five traits.


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Topics: Mortgages, Mortgage Broker, Home Loan

Make your home equity work for you

Mar 24, 2017 7:44:33 AM

Across most of Australia and New Zealand house prices have jumped considerably over the past 10 years (2006-2016). There’s no doubt that a lot of our wealth is locked up in real estate. But how do you access that wealth? And how do you make your biggest asset work harder for you? Read on to find out how you can make your home equity work for you.


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Topics: Refinancing Options, Mortgages, Mortgage Broker, Home Equity

What to think about when buying property with friends or family

Mar 24, 2017 5:43:49 AM

 

As property prices continue to rise, buyers are finding smarter ways to get onto the property ladder. Sharing a mortgage with friends or family is a viable option for many buyers, and it’s gaining popularity amongst first-home buyers who may be struggling to enter the property market. Could it be the right option for you?


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Topics: Buy a Home, Mortgages, Mortgage Broker

What can we expect from interest rates this year?

Jan 28, 2017 5:11:38 AM

Australia has enjoyed six blissful years of falling interest rates, but if the forecasters are to be believed, that could be about to change. Since 2011, the RBA has cut its official cash rate 12 times, from 4.75 down to just 1.5 per cent. As recent interest rate cuts have failed to boost the economy and increase inflation, it’s highly likely an increase will be on the cards in 2017.


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Topics: Australia, Interest Rates, Mortgages, Mortgage Broker

Do you have the right insurance cover?

Jan 25, 2017 6:00:00 AM

Around 1.8 million Australian homes (that’s 23 per cent) have no home or contents insurance, reports the Australian Bureau of Statistics, roughly the same number of homes found in the greater Sydney and Melbourne metropolitan areas. Not having enough insurance is just as risky. What would happen to your family if your home was badly damaged or destroyed? Do you have the right insurance cover?

 


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Topics: Insurance, Mortgage Broker, Non-Insurance, Underinsurance

Good time to refinance

Jan 19, 2017 7:00:00 AM

The beginning of a new year is a good time to review your household budget. Perhaps you’ve overspent during the festive period and your debt has mounted up. You may be considering debt consolidation or other ways to cut back on expenses. If you’re struggling with debt or you find yourself constantly borrowing money from family or friends, it’s time to take control of your financial situation. Refinancing your mortgage could be the solution.

 


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Topics: Refinancing Options, Mortgage Broker, Budget, Home Loan

Getting pre-approval for your mortgage

Dec 15, 2016 6:08:53 AM

Before you start house hunting for your dream home, it’s a good idea to get pre-approval for your mortgage. A pre-approval gives you peace of mind knowing how much you can buy for, shows sellers you’re serious about buying, lets you bid at auctions, and puts you in a better negotiating position when it comes time to make an offer. Read on to find out more about getting pre-approval for your home loan.


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Topics: Pre-approvals, Mortgages, Mortgage Broker

Getting a mortgage when you are self-employed

Nov 11, 2016 8:27:11 AM

Running your own business and being self-employed needn’t mean the end of your home ownership dream. It’s true that self-employed borrowers will need to jump through a few extra hoops in the mortgage application process, but it’s not impossible. If you work for yourself and you’re looking to buy your first home or to re-mortgage your existing property, take a look at our guide to getting a mortgage when you’re self-employed.

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Topics: Australia, Loans, Mortgages, Mortgage Broker, Self-Employed

Bridging finance – what is it & how does it work?

Oct 10, 2016 1:23:03 PM


If you’re looking to buy a new home but you still need to sell your existing home, you may need bridging finance. Bridging finance helps fund the purchase of your new home before your existing home has been sold, which means you don’t miss out on buying your dream home by having to wait until you’ve sold your existing home. Read on to find out more about the benefits and risks of bridging finance.


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Topics: Finance, Buy a Home, Mortgage Broker, Home Buyers, Bridging Finance

What should you look for in your first home?

Oct 7, 2016 7:52:47 AM


As a first-time home buyer, you’ve probably already spent a considerable amount of time researching the property market, visiting open homes, and exploring every aspect of the home buying process. Now that you’ve found your dream home, it’s a good time to take a closer look at what you’re about to buy. Before you rush in, here are some helpful tips to help you make a good buying decision.


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Topics: Australia, Buy a Home, First Home, Mortgage Broker