The cash rate has been increased by the Reserve Bank of Australia (RBA) for the fourth month in a row from 1.35% to 1.85%. Since the RBA’s first increase of the cash rate from its record low of 0.1% in May, we have seen interest rates for both variable and fixed home loans increase across … Read more
Many homeowners set up their home loan repayments to automatically be debited from their account – knowing they are slowly chipping away at their debt without needing to put much further thought to it. However, this set-and-forget mentality could actually cost you thousands in interest repayments. How? Because interest rates are constantly changing and many … Read more
With all the hype and lead up to the Christmas season, you’d think we all had an unlimited budget to party through the festive season and purchase everyone on our contact list a Christmas gift. While that’s a nice idea, it’s not so realistic. Here are a few tips to help you with your budget … Read more
Why look at an investment property before buying your own home? Investing in property before buying your first property to live in can be a great way to build a solid financial foundation for the future. You can get all the benefits of home ownership while enjoying the flexibility of continuing to rent where you … Read more
Lenders Mortgage Insurance is an insurance that protects the lender in case of a default on the property – it offers no protection to the home owners in the event they cannot make their repayments. For many borrowers it’s an unavoidable cost but you can take steps to limit how much it costs you and … Read more
Lenders are in love with borrowers who show good financial habits as we know good habits are gold. And it’s never too late to start – I can help you get into a position where lenders consider you a possibility. With that being said, how do you get lenders to love you in a hot … Read more
If you’re buying your first home or helping a family member enter the property market, make sure you’re ‘bid ready’ before raising a bidder paddle or making an offer. Here are three things every aspiring first home buyer needs to do before entering the property market. 1. Take emotion out of the value estimate … Read more
Whether you’re just getting started on the property ladder, or already have a few properties in your portfolio, the investment decisions you make will be the difference between success and failure. Let’s take a look at three common strategies and how they work: Strategy 1 – The capital growth strategy The capital growth strategy … Read more
What’s rental yield? Rental yield is the ongoing return on your investment property. You can use it to assess potential income and cash flow of a property before you buy. It gives you a way to quickly compare returns on different investment properties (or investments), though it doesn’t help you work out capital growth. The … Read more
Looking for a new home? Join the club! There are many buyers out there looking to buy their first home and take advantage of low interest rates – just like you. So, it pays to have a few tricks up your sleeve that will help you on your search so you get the property that … Read more
