There are lots of answers to this question, and I’m a little biased, but the main reason is that we don’t have a preference over where you borrow your money from - we’re more concerned with matching the loan to YOUR needs. When you go to your bank, they have a great knowledge of the products they’re offering. They know their limits, their guidelines [...]
The first thing to do when interest rates rise is to stay calm. It's OK. We've got you. Rates increases are inevitable - especially after over eleven years of status quo with record lows and no increases from the RBA. So yesterday’s increase of 0.5%, taking the base rate to 0.85% is no surprise. Economists are predicting that the cash rate will rise to [...]
If you want to buy a home before Christmas, you'd better get your skates on! With the standard 6 week settlement, this weekend is shaping up to huge for auctions with home owners wanting to move in before Christmas. Just as importantly, you really need to have your finance in place because lenders (and brokers) just can't make magic happen overnight. Some banks have [...]
To say that I'm proud of my team and the business I've built is an understatement. It's been hard work but so very rewarding in so many ways. This week our excellence has been recognised once again. We are finalists in the Australian Broking Awards 2021 for "Customer Service of the Year" and one of my team for "Loan Administrator of the Year". These [...]
I was going through some old files the other day and came across a statement that really made me change the way I think about my business, my team, the service we provide and how we can help you. The statement is “don’t tell me about your fertiliser, tell me about my lawn”. I don’t know who said it first or where the saying [...]
The aim of securing the “right” mortgage is always about getting the best combination of rates and features to suit the borrower. For some, this will be getting the absolute lowest interest rate because the aim is to pay the mortgage off asap. No bells, no whistles, just the cheapest rate. For others, they may be willing to pay a little more so they [...]
There are big milestones in life like finishing school/uni, getting a job, getting married, buying our first home. We often focus on the actual event, not what happens afterwards. So what happens once you’ve signed the sale contract and the mortgage documents? Firstly, there’s the excitement of moving into your new home. What improvements are you going to make? How will you furnish it? [...]
An offset account is a great tool to pay your home loan off faster, but only if you use it! An offset account is a savings account that is linked to your home loan. How it works is that whatever amount you have saved in your offset account is subtracted from the amount you owe on your home loan and the interest is calculated [...]
The numbers don't lie. The property market is on the move, and it's heading up. Last weekend we saw a 46sqm double garage sell in a nice inner city Melbourne suburb for $645,500. That was $245,500 over reserve. The auction clearance rate in Sydney was 84%, Melbourne was 77%, Brisbane was 64%, all of which are way over the 57%, 55% and 38% respectively [...]
I was reading an article yesterday written by a financial planner and she was talking about who people (particularly women) get their financial advice from. The answer she heard most was "Dad". While I love dads and think that the vast majority of them are awesome, unless they work in finance or are actively investing or buying property, they're not the best person to [...]
