Managing multiple loans can be difficult – and stressful. One way to simplify your financial situation and save yourself time, effort and (hopefully) money is to centralise your debt. But it’s not always the right answer, so here’s what to consider before you consolidate. When you borrow money, the most important thing is being able… Read more about Getting it together: what to know before you consolidate
If you want to look inside perfectly-designed homes, there are more and more ways to than ever before, many delivered directly to your phone or social feed. But – from blogs and newsletters to Pinterest – when does inspiration become overload? While it used to be that the cutting edge of design was reserved for… Read more about Inspiration or imitation? Home design in an online world
It’s never a bad idea to have a little help managing your money – and when you’ve got monthly mortgage repayments to make, balancing the books is extra important. There’s a great range of apps and tools designed to help you budget, save and track your finances. And we’ve put together a list of some… Read more about Future focused: apps and tools to track your finances
The barriers a first home buyer faces when entering the property market are well documented. So, will the government’s new First Home Loan Deposit Scheme (FHLDS) help, or not? Here’s a guide to who’s eligible, how it will work and what the new scheme may mean for the housing market. Have you got a spare… Read more about On the market? The federal government’s First Home Loan Deposit Scheme explained.
If you are concerned about servicing your loan, reach out to us as mortgage brokers for help. As Australians everywhere take a close look at their financial circumstances, mortgage brokers stand ready to lend a helping hand. Whether experiencing financial hardship through job loss, a reduction in work hours, or business disruption, an increasing number… Read more about Concerned about servicing your loans?
If you are finding it tough to meet your current financial obligations or you are just interested in reviewing your current home loan, then you are not alone. As mortgage brokers, we stand ready and able to assist with your options during this difficult time. Turbulent does not even begin to describe 2020 so far.… Read more about Finances on your mind? Do yourself a favour, speak to a broker
For lenders, the ideal customer has a steady income, ongoing employment and the ‘right’ paperwork. Here’s what you can do to get a loan in the gig economy. From launching a start-up, to contracting in the ‘expert economy’ or just renting out the spare room as an Airbnb, more and more Australians have sources of… Read more about Does the gig economy make it harder to get a mortgage?
The RBA’s decision to hold on interest rates gives us time to take a deeper look at what is going on. After all, there could be further cuts. What drives the decision making? What could send rates lower? To cut or not On the first Tuesday of each month, except January, the RBA board meets… Read more about Behind the curtain: what drives RBA decision making?
Who’s to blame for millennials’ struggle to buy a first home? The story says young Australians struggle to buy their first home, while their parents negatively gear investment properties. Are boomers to blame? Or do millennials’ habits keep them from owning property? Baby boomers have a 95% rate of homeownership, whereas, at the bottom of… Read more about Who’s to blame for millennials’ struggle to buy a first home?
It’s a simple equation. Paying down your mortgage sooner can save you thousands of dollars in interest in the long run. Here are some ways to make the most of every dollar while paying off your loan quicker. Increase your repayments… Let’s take a look at repaying a $500,000 home loan, using the mortgage calculator… Read more about The art of the possible: how to pay off your mortgage sooner
The average age of first home buyers keeps increasing, with more young people turning to their parents for financial help. But is lending your children money from the “bank of mum and dad” right for you? Owning property has always been the great Australian dream. As a parent, it’s natural to want your kids to… Read more about The parent trap: should you loan to your kids to help them buy?
If you’re selling, there’s plenty to consider, including when to go to market. The popular view is that spring is the best time to sell, but is it the season for getting more interest and a better price? Spoiler alert. The short answer is no. But not by much. There are plenty of reasons it… Read more about A home for all seasons: is spring the best time to sell?