Category: Uncategorised

A good article from the MFAA on when and why to refinance. The most common reason for people to refinance their mortgage is to get a better deal and lower rate. But be careful you don’t become interest rate-fixated. Your mortgage needs to have the flexibility to do what you need which often isn’t possible…

RBA has decided to cut the official cash rate to a record low of 1.5%. Absolutely time to review your mortgage. Don’t set and forget. http://www.rba.gov.au/media-releases/2016/mr-16-18.html

Offset accounts and redraw facilities work in similar ways as they both allow you to reduce the balance of your home loan therefore reducing the interest charged by applying extra money to your debt. Deciding between an offset account and a redraw facility on your home loan largely depends on how accessible you need your…

Exit and early termination fees on your mortgage can put the brakes on your plans to sell, to refinance, and to renovate or purchase an investment property. Consider your future goals. Do you have plans to move city or change your job? Are there any foreseeable disruptions to your financial circumstance likely to take place…

Property investors should always be on the lookout for the locations where the greatest potential for capital growth lies. Some of the signs of potential future growth are: new infrastructure such as new roads and transport, redevelopment of retail centres, and lifestyle amenities such as new recreational centres, café villages and restaurants. Population growth and…

The Reserve Bank has decided to cut the cash rate with a further cut this May reflecting continuing concerns over the state of the national economy. • Official rates cut as economy remains weak and dollar rises • Easing cycle now in full swing • Housing market activity rising as confidence lifts with falling rates…

Countries including the US and UK offer much longer fixed rate loans periods with some spanning up to 30 years, but these long fixed-rate loan terms are yet to arrive in Australia. Former Reserve Bank governor Bernie Fraser, told News Corp this week that as low international interest rates have eased pressure on costs for…

At its meeting today, the RBA decided to leave the cash rate unchanged at 2.5%. Good time to look at your mortgage. Give us a call and we can do this for you. Full commentary is below: “Growth in the global economy is continuing at a moderate pace, helped by firmer conditions in the advanced…

The top 100 family-friendly locations were assembled by RP Data taking into account including property prices, size of land, average number of bedrooms, proximity to amenities like schools, shopping and health care, and capital gains over time. The number one suburb for families in metropolitan areas was Kingston in Tasmania, with a median price of…

RBA cash rate held at 2.5% today. For full commentary use this link http://www.rba.gov.au/media-releases/2014/mr-14-05.html