Why some Interest-Only Borrowers are keen to switch 2019-01-18 New government regulations mean interest-only loans are on the decline. Given the changes, it may be time to reconsider your own loan structure. Rewind a few years and many people would have confidently assured you that an interest-only loan – a home loan on which you only have to make interes... Read more
Is buying to flip still viable in today's market? 2019-01-18 With the property boom of recent years and the popularity of TV renovation shows like The Block and House Rules, increasing numbers of Australians have been ‘buying to flip’ – buying a property, renovating it and selling it at a profit. Buying to flip can be lucrative when property prices are ... Read more
Mortgage Broker market share surges to a record 59.1% 2019-01-17 More Australians are using a Mortgage Broker than ever before. New figures show that the proportion of Residential Australian Mortgages introduced by brokers grew to 59.1% in the September quarter of 2018! MFAA CEO Mike Felton said the result reflects not only the trust and confidence customer... Read more
Fixed Interest Rates Explained 2019-01-03 With interest rates at an all-time low, taking the option of locking in an interest rate on your home loan to guard against possible future fluctuation may be attractive. However, it pays to know the ins and outs of fixed-rate loans before committing to one. When purchasing a property, borrowe... Read more
Q & A - Pest Inspections 2019-01-03 Pest inspections are an essential part of the home-buying process. Mortgage and Finance Help spoke to Justin Hammerschmidt, an Inspector at Sydney PrePurchase, about what pest inspectors are looking for and how to interpret their reports. Q What pest inspections need to be carried out pri... Read more
Priority Team awarded 2018 Best Regional Broker (NSW/ACT) 2018-12-06 We are very proud of the exceptional service we provide to our customers and it was an absolute honour to receive recognition of this at the 2018 FAST Professional Development Convention in Adelaide last week. We received the award for Best Regional Broker (NSW/ACT). Thank you to our wonderful... Read more
How to modernise your kitchen on a budget 2018-11-13 If you want to modernise your kitchen but you’re concerned about the cost, don’t be dismayed. There are many ways to get a new kitchen without destroying your bank balance. Downgrade to upgrade Saving money doesn’t mean you have to compromise on everything in your new kitchen. Select a few fi... Read more
What you can borrow or what you should borrow? 2018-10-17 The amount you can borrow and the amount you should borrow are sometimes two very different things. Before you apply for a home loan, it makes sense to realistically assess your financial situation. Here’s how to do it. Understand your borrowing capacity Generally speaking, your borrowing cap... Read more
Easy Landscaping Tips When Selling Your Property 2018-10-03 Sure, you shouldn’t judge a book by its cover, but a scrappy yard can be an instant turn-off to potential home buyers, even if the house is a dream on the inside. We’ve pulled together some savvy landscaping tips to make sure your home is picture perfect for when you’re ready to sell. The firs... Read more
Buying A Tenanted Investment Property 2018-08-23 There are plenty of upsides to buying an investment property that already has a tenant, as well as a raft of risks. Here’s how to minimise them. Purchasing an investment property that already has a tenant means you collect rent from day one, with no vacant period and no lease fees to find a new ... Read more
Why brokers hold the keys to getting your foot in the property door 2018-08-08 Getting a foot in the door of your dream home might be getting harder, but talking to a mortgage broker could get you the keys more quickly. Purchasing a property in today’s housing market is not for the faint-hearted. Would-be homebuyers have only to turn on their TV – or check Facebook or Twit... Read more
How to instil Financial Smarts in our Kids 2018-06-26 Worried about your kids not mastering the skills to manage their finances as adults? These tips for parents will help children develop good financial sense from a young age. Most parents want their children to achieve the Australian dream of home ownership. The good news is that parents can ac... Read more
