Across Australia, housing prices have been rising. In Perth, the current median price of $535,000 is a record high. In addition, research conducted by realestate.com.au shows that 41% of Australian buyers in September and October of 2013 were prepared to offer more than the asking price, nearly double the 23% of those who were willing […]
Don’t Make These Common Mistakes When Shopping for a Loan
With record low interest rates, many borrowers and investors think that a low interest loan is automatic—all you have to do is walk into your favourite lender’s office and you will get record low rates that will make your life easier, as a homeowner or investor. Unfortunately, you have more chance of Santa coming down […]
10 Things to Inspect Before You Buy a House
After you have procured a home loan for a property in Rockingham, Kwinana or Baldivis and your bid has been accepted, you probably think you are ready to close the deal. But if you haven’t inspected the home for these ten things that often aren’t part of a standard home inspection, you could end up […]
Perth Spends Record Amount on First Homes
A recent report that was no surprise to mortgage brokers in Baldivis, Kwinana and Rockingham, first home buyers across the Perth area paid a record $450,000 as the median price on first homes. For the past year, homes under $600,000 have been moving faster than anyone in the market can remember. The Overall Perth Market […]
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 […]
How to Choose the Right Interest Rate for Your Home Loan
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 […]
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 […]
Your Common Mortgage Questions Answered
When shopping around for home loans, Baldivis, Rockingham, Kwinana and surrounding area residents often have a ton of questions that need answers. Smartline Mortgage Brokers Rockingham desires to answer all of your questions and help you secure the home loan you need. While some of your questions may have general answers that apply to most […]
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 […]
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 […]
