Bridging Loan and how is it useful
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If you are in the market for a new property and have been to a home open recently you will relate with fact that it is a very competitive landscape. Home opens are bustling with potential buyers and in most cases sellers are being presented with multiple offers just days after hitting the market giving […]
Self Employed? Your 2021-22 tax return could help you with a lower interest rate.
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If you are self employed your 2021-2022 tax return is going to be a little different to the last two years and this could see you able to refinance to a lower interest rate or purchase that investment property you have been wanting to. Although the self-employed returns do not have to be lodged until […]
Changes to the First Home Loan Deposit Scheme- Property Price Caps
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From July 1, the Federal Government with the support from Labour have announced that the price caps currently placed on the First Home Loan Deposit Scheme will be increased across the country. What is the First Home Loan Deposit Scheme?The Scheme is an initiative by the Australian Government in conjunction with the National Housing and […]
First Home Buyers Benefit In New Federal Budget
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On Tuesday March 29, The Australian Federal Government announced the 2022-23 Budget. In our industry of mortgage broking and finance, the main talking point is the update to The First Home Loan Deposit Scheme. This is an Australian Government initiative to assist First Home Buyers and in some cases single parents in purchasing their home […]
How To Prepare For A Possible Interest Rate Increase in 2022
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The number one talking point in home loans today is whether the variable interest rates will rise in 2022. The Reserve Bank has confirmed they will, however there has been no indication of when in the year this will occur. So, what can you do to prepare for an interest rate rise? Firstly, you should […]