Applying for your first mortgage can be nerve-wracking! The amount your lender offers you as a mortgage can make or break your ability to purchase your dream property in your ideal suburb. Your first goal must be to secure pre-approval. This is the conditional promise of a mortgage that allows you to make an offer…
Read more
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…
Read more
As an experienced mortgage broker, I know that organizing your finances is the most crucial step in buying your first property. There’s no point spending hours checking out homes online or chasing around open houses on Saturdays if you don’t know what you can afford. You have two primary paths from which to choose when…
Read more
The speed of lending approvals is becoming a significant issue as mortgage brokers and our clients seek an increasingly faster turnaround of applications. Homes have been selling so quickly that banks and other lenders are struggling to keep pace, often disappointing buyers who might have missed a property because they could not access finance sufficiently…
Read more
A borrowing strategy is an intelligent approach to finding your first mortgage or refinancing to purchase a new home. The best loan consists of far more than the cheapest interest rate. Tracking down the most suitable deal for your circumstances is difficult and time consuming. It can take hundreds of hours to research all your…
Read more
When searching for a new home, it’s important to keep an eye on the world of financing and specifically the fates of mortgage interest rates. Whether you’re seeking a mortgage for a first or new home, or you’ve been issued a pre-approved loan by your lender, any changes to interest rates are likely to affect…
Read more
One of the most significant changes to society as a result of the Covid crisis has been the switch to working from home – and all the signs indicate it’s here to stay. Research shows working more from home allows us to enjoy a better work-life balance and few miss the wasted hours and money…
Read more
As warmer days heat our homes, it’s tempting to fire up the air-conditioning worry about the electricity bill later. But there’s a better approach that will add value to your home as well as give you a comfortable living experience. It’s called passive cooling, and it aims to work with nature to maintain a cool…
Read more
Assessing the benefits of an extensive home renovation against selling your property is always a worthwhile exercise. Selling your home is rarely an easy decision. It will often hold family memories, and that makes it tough to leave. It’s also likely to be your most significant financial asset, and you want to be confident you…
Read more
The most important room in a home for most property owners is the kitchen. It’s where the family gathers, memories are created and research suggests this area alone can be responsible for up to 15% of a property’s value. Today, a stunning kitchen can be a significant contributor to the value of your home, so…
Read more
