On the market? The federal government’s First Home Loan Deposit Scheme explained.

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.

As low as it could go: is now the moment to fix your mortgage rate?

Australia’s cash rate is now the lowest it has been in 23 years, a reaction initially to stunted economic growth and now to the impact of COVID-19 on the local and global economic landscape. As the uncharted negative interest rate zone looms, is it worth fixing your rate? Here’s what to weigh up when making… Read more about As low as it could go: is now the moment to fix your mortgage rate?

Not so taxing: making the most of your investment property at tax time

Come July 1 the annual tax window opens again. Property investors may have access to a wide range of tax benefits, but tax is a complicated matter. It pays to be across the details. Here’s how you could maximise your return, and what to watch out for. Over two million Australians own at least one… Read more about Not so taxing: making the most of your investment property at tax time

Concerned about servicing your loans?

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?

Finances on your mind? Do yourself a favour, speak to a broker

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

Going up: what record low interest rates mean for property prices

House prices are rising in Melbourne and Sydney – one of the desired effects of the RBA’s historically-low rates. But do low rates always lead to higher prices? Just weeks out from Christmas, the RBA decision to keep rates steady in December at 0.75% didn’t come as a surprise. In fact, it suggests we’re still… Read more about Going up: what record low interest rates mean for property prices

Invest or save: growing your money in a low-rate environment

Low rates mean those with mortgages may be breathing a sigh of relief, but low interest on savings accounts make it much harder to save and grow your money. Have you checked the amount of interest you’re getting your savings accounts recently? Chances are it’s sitting around 1%. The RBA’s record-low interest rate is designed… Read more about Invest or save: growing your money in a low-rate environment