Unless you can afford to pay for a home in cash, you will need to take out a mortgage. Every mortgage loan will have an interest rate tacked onto the monthly payment. Interest rates are one thing that helps dictate the type of real estate market that exists. When interest rates are high, there are […]
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 […]
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 […]
Property Market Sees Buyers Return
For those wondering how the property market is moving these days, your mortgage broker in Rockingham can give you the good news – Australians borrowed around $200 billion to help purchase residential properties last year. Compared to the market peak of 2007/08, last year was just 7% short of those recent highs. If you are […]
Banks May Reduce Mortgage Rates While Keeping Cash Rates on Hold
While the Reserve Bank insists on keeping the official cash rate on hold, there is every sign that some major banks will reduce standard variable mortgage rates by at least 0.5 percent. This is great news for anyone just about to meet their mortgage broker in Kwinana, Rockingham, Baldivis or surrounding areas. With the residential […]
