Has the Rise in Interest Rates Made You Hesitate as a First Time Homebuyer?

The rise in homebuyer interest rates is something that a lot of people are talking about. The looming question is: could it be the high rates that are stopping some people from buying their first home sooner? The general consensus is that lack of a down payment is what slows most people down the … [Read more...]

Is a New Home the Way to Fight the Lack of Rental Vacancies in Perth, WA?

Have you read reports that talk about how WA's poor new home sales outpace the nation? If so, you might be wondering if new home ownership is the way to go for you. There are some reasons why there is an increase of people looking into buying new homes, resulting in a rise in the improved new home … [Read more...]

Perth: The Perfect Property Market to Invest In?

Thinking about buying rental properties in Perth? Read on for some food for thought... If you are wondering if Perth is a good area to invest in for real estate, almost all signals seem to point to a resounding "Yes". If you are already established as a resident and want to invest further in … [Read more...]

What Does a 3+% Gap Between the Cash and Bank Mortgage Rates Mean To You?

When there is such a big gap between the cash rate and the bank rate, it gets a lot of tongues wagging. Bankers, are your ears ringing? Yes, a lot of people are talking and they are not being all that nice. When do people have great things to say about their bank? Not often, right? Mortgage … [Read more...]

Lenders Insistence on Home Loan Deposits

Due to the global financial crisis, many loan providers have tightened their requirements and lending criteria on mortgage loans. So prior to applying for a home loan, it is important to conduct a research and understand the pros and cons of a home loan. Read on for some helpful information that can … [Read more...]

The Importance of Lenders Mortgage Insurance to Homebuyers

Majority of homebuyers who apply for a home loan does not have a full understanding of the importance of LMI, also known as the Lenders Mortgage Insurance. Frequently, homebuyers searching for a mortgage mistakenly think LMI as a result of delayed payments. Nevertheless, it is highly significant … [Read more...]

Two Ways to Own a Property by Purchasing with Family or Friends (PART-1)

Even though home loan industry is taking a backseat, the real estate costs still remains a challenging endeavour to first time homebuyers especially with the increasing interest rates over the past months. Financial institutions have implemented a tight strap on the lending standards, so you need … [Read more...]

Property Investment Planning: Tips and Strategies for the New Financial Year

Here are some tips and strategies for planning a property for the new fiscal year. Read on to learn more about property investments, home buying, interest rates and how you can save from your home loan. 1. Cash Out - Cash In There are actually a lot of methods in saving a greater amount of … [Read more...]

Loan Application: Submission and Process – PART 2

So, what actually happens while you are waiting for the approval of your loan? In PART 1 of this article, we have discussed about what is involved after the submission of a home loan, the requirements, and what could be the possible reasons for the delayed approval of your home loan application. … [Read more...]

Choosing the Right Mortgage Broker – PART 2

Nowadays mortgage brokers are required to comply with the laws implemented by ASIC. The consumer credit law will ensure loan providers and credit providers a transparent service towards customers as well as responsible lending. How will you determine if you have found a trusted and reliable … [Read more...]