Why Interest Rates Matter

Dec 8, 2020 7:00:00 AM

Fixed interest rates have continued to drop this year with some now close to the 2% mark or lower, while variable interest rates have tracked further downwards too albeit at a slower pace. Earlier in November 2020, the Reserve Bank of Australia dropped the cash rate to a new record low, and the Reserve Bank governor urged borrowers to renegotiate or switch lenders if they don’t get a rate cut. Read on to find out why interest rates matter.

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Topics: First Home Buyer, Buying and Selling Property, Home Loans

Benefits for First Home Buyers

Dec 7, 2020 12:31:56 PM

For many Australian first home buyers, 2020 has been a year of opportunity. According to the Australian Bureau of Statistics (ABS), around 13,040 first-home buyer loans were approved across Australia in September alone, largely as a result of record low interest rates, backed by several government initiatives. If you’re in the market for the first time, here’s a closer look at what benefits you may be eligible for.

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Topics: First Home Buyer, Buying and Selling Property, Home Loans

Work it Out Online

Dec 1, 2020 10:54:14 AM

Need to crunch your numbers in a hurry? Take a look at the range of online calculators on the Mortgage Express website. Whether you need to calculate how much you could borrow, what your repayments would look like, how much your stamp duty could cost, or how much you could save with an offset account or a split loan, work it all out online using these handy calculators. Here’s an outline of what each calculator does.

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Topics: Mortgage Broker, Buying and Selling Property, Home Loans

Changes to Stamp Duty

Nov 30, 2020 10:49:11 AM

To help more Australians into their own home, the Victorian government recently announced investment that will fund a stamp duty concession of up to 50 per cent for residential property contracts from 25 November 2020 until 30 June 2021. In New South Wales, a proposal to change stamp duty was included in the budget, designed to help stimulate the economy after the COVID-19 recession. Read on to find out what these changes are and how they could impact home buyers in these regions.

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Topics: First Home Buyer, COVID-19, Buying and Selling Property

3 Simple Ways to Make This Festive Season More Meaningful

Nov 19, 2020 6:00:00 AM

For many of us, 2020 is the year we’d rather forget! But with the festive season fast approaching, it seems fitting to celebrate the end of a particularly tough year in a meaningful way. If the thought of dusting off the decorations or hosting a lavish feast is something you’d rather not think too much about, take heart and check out these 3 simple ways to make this festive season more meaningful.

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Topics: Financial Health, Health and Wellbeing

Women Brokers on the Rise

Nov 18, 2020 10:00:00 AM

Mortgage brokering has traditionally been regarded as a male-dominated industry, but is now seeing a growing number of women stepping into these finance roles. This month we’re celebrating the achievements of just some of the women making their mark in the mortgage brokering industry right here at Mortgage Express, with some insight into why they do what they do.

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Topics: Mortgage Broker, Buying and Selling Property, Home Loans

A Good Time to Review Your Home Loan

Nov 17, 2020 7:00:00 PM

With the end of year in sight and a number of lenders offering cashback, rebates and special deals, there’s never been a better time to review your home loan or apply for a first home loan. To help you make an informed decision about your future finances, here are some of the offers currently in market.

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Topics: Mortgage Broker, Financial Health, Refinancing

Is Australia on The Road to Economic Recovery?

Nov 17, 2020 12:45:19 PM

Despite a lengthy lockdown in Victoria and the ongoing battle against COVID, all signs are pointing towards a more positive economic outcome than previously anticipated. Mortgage deferrals are down as more homeowners return to repaying their mortgage, unemployment in certain regions appears to be recovering to pre-COVID levels, and a new report has highlighted opportunities that some industries could capitalise on in the years to come.

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Topics: Mortgage Broker, Financial Health, COVID-19

Mortgage Express: Brokering Deals Between People and Careers

Nov 3, 2020 1:37:54 PM

Mortgage broking has experienced significant growth in recent years and despite the challenges associated with COVID-19, it’s an industry that has continued to go from strength to strength throughout 2020.

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Topics: Careers, Press Releases, News, Mortgage Broker, recruitment, Mortgage Express

5 Things to Consider When Preparing a Will

Oct 20, 2020 10:48:22 AM

Most people don’t like to think about making a Will or what will happen when they pass. But an effective Will is an important legal document that needs serious consideration. Without a Will, your assets will be distributed according to state law, which may not be in line with your wishes. So that you understand the importance of a Will and how to write one, take a look at these 5 things to consider when preparing a Will.

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Topics: Financial Health, Health and Wellbeing, COVID-19