Perth Property Market Update
Spring Has Arrived! Perth Property Market Update: Spring Selling Season Trends Perth’s property market is heating up for the Spring selling season! Active listings rose by 8.4% in September, with a total of 3,952 listings by month-end. However, the market remains competitive, with active listings still 19.0% lower than this time last year. This improvement […]
Fixed vs Variable Home Loans: Which is Right for You?
Fixed or variable home loans, Choosing between a fixed or variable home loan is a crucial decision that can have a lasting impact on your financial well-being. By understanding the differences between these two loan types, you can make an informed choice that aligns with your financial goals and lifestyle. Each option has its own […]
The changes affecting property buyers, owners and investors from July 1
Starting July 1, the property market will see a boost as tax cuts increase typical buyers’ borrowing capacities by tens of thousands of dollars. This change, resulting from stage three tax cuts, will raise take-home pay and subsequently the maximum amount buyers can borrow. The increased budgets are expected to support price growth, despite high-interest […]
Getting a Home Loan When You’re Self Employed: 10 Crucial Considerations
If you are wondering whether you can get a home loan when you’re self-employed exploring, you’re likely aware of the additional intricacies this process entails. As seasoned mortgage brokers, we’ve gathered invaluable insights that can significantly streamline this journey for you. In this comprehensive guide, we’ll delve deep into each critical aspect of securing a […]
All About Lenders Mortgage Insurance
What is lenders mortgage insurance? Lenders’ Mortgage Insurance (LMI) is insurance that a lender takes out to protect itself against the risk of not recovering the full loan balance, if the borrower is unable to meet your home loans repayments and you default on the loan. In the unfortunate situation that this occurs and the […]
6 Tips to pay off your home loan faster
As a mortgage broker I love being able to give people a few hints and tips as how to pay off your home loan quicker. Its not all about extra payments, its often just about maximising structure. Here are some sure-fire tips to ensure you shave years off your home loan 1) Store Savings in […]
Simplifying Home Loan Products
In my opinion banks spend a lot of money in complicating the $1.4 trillion home loan market. The millions of dollars spent on marketing and branding does a lot to capture an audience but in my experience it creates a lot more confusion for the end customer. When I have conversations with clients, I try […]
3 things you should do before buying
Buying season is upon us and while buying a property is super exciting it can also be very stressful. As mortgage brokers we often see both sides of this and are always here to help our clients along the way To help prospective buyers on their journey I spoke to Dara Galavan, Licensee from Residential […]
Loan Declined! Get a second opinion
Sarah and Chris came to us after trying to purchase a property and receiving a decline from their bank. This was the bank they had used for years which made the decline even harder to digest and to add insult to injury they were acting on advice from their existing broker. When we had a […]
Why You Should Refinance Now
For those who haven’t seen in the last week Westpac, ANZ and CBA have increased rates across all variable loans by a minimum of 0.14%, hitting the pockets of owner occupiers and investors alike. For the average Perth home owner, that’s an extra $774 annually. Unfortunately, these will not be the only banks to move. […]