by Nathan Osinski | Jun 6, 2019 | Budgeting, Mortgage Tips, Planning for the future
Did you know that it takes four to seven years for the average household to save a 20% deposit for their first home and avoid paying lender’s mortgage insurance? However, a new scheme promises to drastically reduce that time by dropping the required deposit to just...
by Nathan Osinski | Jun 3, 2019 | Interest Rates, Investment Lending, Mortgage Tips
Here’s a bit of good news: you may be able to borrow more for your next home loan after the prudential regulator sent a letter to the banks asking them to relax a key lending criteria. In a letter to lenders, the Australian Prudential Regulation Authority (APRA) has...
by Nathan Osinski | May 13, 2019 | Interest Rates, Investment Lending, Mortgage Tips, Planning for the future
Fixing your home loan while rates are dropping is a bit like pulling the ripcord on a parachute. If you do it early you’ll get a steady ride but may miss out on a bit of action. But if you leave it too late things might get a little messy. To fix the rate or...
by Nathan Osinski | May 9, 2019 | Budgeting, Mortgage Tips
While housing affordability is improving across the country, for many young first home buyers cracking into the property market can feel like breaking into a fortress. Here are five ideas that can help bust down that door. Housing affordability for new mortgage...
by Nathan Osinski | Feb 19, 2019 | Business, Community, Interest Rates, Investment Lending, Mortgage Brokers, Mortgage Tips, Personal Lending, Planning for the future
Higher interest rates, increased fees, less flexibility and fewer options. That’s how borrowers will lose out if the banking Royal Commission’s recommendations around how mortgage brokers are paid are implemented. Here’s how you can have your say!...
by Nathan Osinski | Jan 17, 2019 | Interest Rates, Mortgage Tips
It’s the end of the road for 900,000 borrowers on interest-only loans, as they’ll be automatically switched to principal and interest loans this year. Now’s the time to check whether or not you should start considering other options. Back in 2014-15...
Recent Comments