Every quarter, mortgage brokers and others in the home loan industry receive a document commissioned by the Adelaide Bank and the Real Estate Institute of Australia (REIA) called the Housing Affordability Report. Though our main territory covers the Rockingham, Baldivis and Kwinana areas, we find national trends are very relevant to us; they remind us […]
Tips on Saving for Your Loan Deposit
Many first home buyers find saving for the deposit on a home loan to be the toughest part of buying a home in Rockingham, Baldivis, Kwinana and other Perth suburbs. Because of other upfront costs, it takes a deposit of approximately 10% of the home’s price to qualify for a loan with a Loan to […]
Tips for Choosing the Amount to Borrow on a Home Loan
Finding your dream home is exciting and every mortgage broker wants to help you get the financing you need to get into the home of your dreams. However, you need to enter the world of home buying with a budget and an expectation of what you can reasonably afford to purchase. Some people can get […]
Understanding Home Loan Interest
Do you have any idea about current interest rates and whether or not you might qualify for good home loan interest rates from local Kwinana, Baldivis or Rockingham lenders? There are some other things to consider, too. Fixed or Variable A fixed rate may enable you to lock in at a set rate for a […]
5 Important Pieces of Info You Should Know About a Reverse Mortgage
A reverse mortgage is equivalent to taking a loan out against your home. It is something that is increasing in popularity among the elderly as a way to boost their fixed income and/or enjoy their retirement. Again, it’s a lot like a loan with your home as collateral. Only, unlike typical home loans, you don’t […]
Want to Acquire a Home Loan? Understand the Process First!
Getting ready to buy your first property is a major milestone in someone’s life. In order to get a home loan, you’ll be better equipped for success if you understand the process. Read on for some things to know and information you’ll need. Do You Know the Home Loan Approval Process? The typical process involves […]
Which Home Loan Rate is Right for You?
You may believe that now is the best time to talk to your mortgage brokers in Rockingham after the Reserve Bank reduced the cash rate by a further 25 basis points recently, which settles the interest rate at 2.75%;the lowest seen in 53 years. Some financial advisers had expected the reduction to appear but as […]
Are Fixed or Variable Rate Loans Best for You?
With all of the talk in the press and on the television about whether you should choose a fixed-rate or a variable interest rate for your next home loan, where do you turn to, for confidential information and easy explanations so that you can make the right decision? Setting up a meeting with your mortgage […]
How to Get the Best Deal for Your Home Loan
Why is it that just a year or two after securing what you thought was a great deal for your home loan, all of your friends seem to have managed to secure a better deal? Mortgage home loan deals are forever changing. You will have seen bank loan rates and mortgage rates changing considerably over […]
How to Secure the Biggest Discount on Your Home Loan
When you’re paying your bank’s standard advertised interest rate, you are probably paying too much for your home loan. Banks and other lenders will offer a discount against the standard interest rate to attract new business and to keep current customers from leaving them. The sooner you can set up a meeting with your mortgage […]
