Category: Refinancing

Deep themes create memories but limit price potential

When you offer buyers something truly unique about your home, you’re sure to generate interest.  Too often, buyers walk through homes that look and feel so similar many properties become a blurred memory – a key reason why you need an experienced and trusted agent to make your home memorable and help maximize its value.…
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Budget blues? Here are five low-cost tips to prepare your home for sale

There are countless TV shows and column inches written in magazines and on internet sites about how to prepare your house for sale and maximize its value – but what if you don’t have the cash for a fancy bathroom remodel or to pay a landscaping company to give you instant curb appeal? Not everyone…
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Six questions to ask your broker

More Americans than ever are using a mortgage broker to help them navigate the wide variety of home loans on the market today. If you’re buying for the first time or refinancing and have never used a broker, you’re probably asking yourself whether you need any help. It’s simple enough to apply for a loan;…
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Traps to avoid when refinancing

Whether you’re looking for a new home, considering a new job or a life venture, it won’t be long before you put the task of refinancing your mortgage on your priority list. With the pandemic and Great Resignation in our thoughts, thousands of Australians are contemplating their future and how to achieve their dreams.  With…
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Younger downsizers can now deposit property profits into super

Updated laws designed to help owners downsize from their family homes are now in place, which may make it easier and more affordable to plan your retirement. From a mortgage broker’s perspective, the scheme appears worthy of consideration because it’s designed to bolster your savings by minimising tax. You may want to talk to your…
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How will lending rule changes affect your ability to borrow?

If you’ve been considering refinancing your loan or buying a new home, you may have heard that lending rules have changed. With record-low interest rates and banks trying to undercut each other in the variable rates market, the lending market has been hot. APRA – the Australian Prudential Regulation Authority – has now stepped in…
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How to fund a renovation with your home loan

Property renovation is not only a great way to improve the value of your biggest financial asset but a sensible strategy to enhance your lifestyle without the expense of buying a new home. State government stamp duty fees are significant in most states. If you love your neighbourhood, it can make little sense to go…
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The differences between fixed and variable rate loans

It’s not uncommon to need to refinance your home as your lifestyle and aspirations change. Perhaps you want to buy a bigger home or invest in a major renovation that can’t be covered by the equity you’ve earned from regularly paying down your mortgage. Or perhaps the way your mortgage is structured doesn’t allow enough…
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9 definitions to boost your loan literacy

The finance industry is one of Australia’s most competitive with new products launching almost every month to win customers. Its focus on innovative ways to help Australians achieve their financial goals means the loan you took out ten or even two years ago may no longer be the best deal in town. As an experienced…
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Adding the costs of a renovation to your home loan

Home renovations are all the rage right now as owners look to add value to their properties or enhance their lifestyle without the inconvenience of moving and incurring all the costs that go with it. New kitchens and bathrooms are popular choices, while others are digging deeper to either rebuild completely or add an extra…
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