Are you too old to get a mortgage?

Apr 27, 2017 10:19:43 AM

If you’re already in your mid-30’s and only now buying your first home, fear not, you’re not alone. Research undertaken by Westpac in 2016 shows the average age of first home buyers has reached 34. And that number could continue to creep up, with first home buyers taking mortgages out for longer and pushing their repayment terms into retirement age. Are you too old to get a mortgage?

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Topics: Mortgages

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

Is the Australian household debt level a concern?

Mar 27, 2017 5:02:00 AM

Household debt in Australia is amongst the highest in the world, sitting at more than $1 trillion in mortgages. Around Australia, homeowners and property investors are making more calls to financial helplines. The warning signs are there: mortgage arears are creeping up, lenders’ bad debt provisions have increased, and personal insolvencies are near an all-time high. Should we be worried about Australia’s household debt levels?

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Topics: Australia, Mortgages, Household Debt

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

Strategies to take control of your mortgage

Mar 2, 2017 5:46:56 AM

With house prices reaching record-high levels, the amount of debt that home owners are having to take on is quite staggering when compared to previous generations. If you’re fortunate enough to own your own home, you’ve likely already experienced some form of mortgage stress. Have a look at these simple strategies that will help you take control of your mortgage and relieve some of the mortgage stress you may be feeling.

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Topics: Australia, Mortgages, Strategies

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

Top tips for saving in 2017

Jan 13, 2017 5:54:59 AM

If 2017 is the year you kick your spending habits and get on the road to saving, then read on. When it comes to saving money, making a few changes to old habits can result in significant savings. To get your finances off to a good start in 2017, we’re sharing our top tips for saving.

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Topics: Mortgages, Savings, Budget, Resolutions, 2017

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

How to avoid paying Lenders’ Mortgage Insurance

Nov 21, 2016 7:00:00 AM

When buying your first home every cost saving counts. But if you’re struggling to save a large enough deposit, there’s a good chance you’ll have to pay Lenders’ Mortgage Insurance. Lenders’ Mortgage Insurance can be a sizeable cost, so it’s worthwhile finding out about it up front and factoring it in. There are a few ways you can avoid paying Lenders’ Mortgage Insurance and we’ve broken those down for you here.

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Topics: Australia, Insurance, Mortgages, Lenders, LMI