Tag: mortgages Archives

• How Much Can You Afford To Borrow For An Investment Property?

  August 9, 2016

  Like most Australians, you have set your sights to getting an investment property as part of your long-term financial strategy. The only problem is that property is getting more and more expensive. How do you know what to go for and how much you can afford to borrow to buy your (next) investment property? Well,…

  Read More

  Tagged: mortgages

• Various Home Loans To Benefit From

  May 18, 2015

  Property prices are rising and interest rates, while unchanged in May, still hover around the very low mark. This makes the condition ideal for investors if there ever was one. Of course, the properties are skyrocketing in terms of rates but the low interest climate will help you offset the costs of purchase. The inherent idea…

  Read More

  Tagged: mortgages

• Reverse Mortgage Option Delights Ageing Population

  May 13, 2015

  Reverse mortgage has come quite handy for Australian investors (especially the aged ones) as a technique of releasing equity in homes. When people keep paying their mortgage in time, they begin to own a part of their homes. The more mortgage payments, the higher the equity, and it is this particular facet of loan arrangement…

  Read More

  Tagged: mortgages

• Banks Respond to RBA’s Rate Cut

  February 17, 2015

  Banks are making cuts in variable loan rates, one-year fixed rates and three-year fixed rates, among other things, as a knee-jerk reaction to the Reserve Bank’s decision of a further 25 basis point cut. The banks are borrowing at a lesser cost in the fixed-rate market and they are more than glad to transfer the…

  Read More

  Tagged: mortgages

• RBA Goes for Further Rate Cut

  February 13, 2015

  No less than 16 third-party lenders have reacted to the latest cash rate cut by the Reserve Bank. An article on The Adviser reports how CUA, Bendigo Bank and Teachers Mutual Bank have fully transferred the rate cut, cutting their interest rates by 25 basis points, too. Some have gone on to make changes in…

  Read More

  Tagged: mortgages

• NSW Tops Home Loan Market Scene

  February 10, 2015

  In an article for the website Property Update, Andrew Wilson puts into focus the rejuvenation of home loan market in capital cities in December 2014. This is a rebound from the drastic results of November 2014. While many capital cities registered modest growth, South Australia returned figures of 4.5% and NSW topped with 6.6%. Investor…

  Read More

  Tagged: mortgages