Mortgage Broker Melbourne welcomes Ben Behar! Ben is a passionate finance professional with a wealth of real world experience. A proud father, an Australian Soldier – having Ben on your side is a real advantage. A lover of
ANZ Bank reported their most recent quarterly profits this month and they have had a surge in residential mortgages well in excess of the norm. Their focus on owner occupied lending has resulted in a 30%
According to Domain Group Melbourne prices rose 3.5% in the June quarter with most of that growth attributed to houses, a 19th consecutive quarter of house price growth. Unit prices grew at just
Commonwealth Bank are the latest to pull the trigger on rates for interest only investment loans by announcing a 0.3 increase last week, across the board. If you’d like to explore a
The 2016 census shows a number of fascinating insights into Australia and the housing market in general. One common way people are dealing with the rising costs of housing is to share accommodation. Sydney, for example,
Yesterday the State Govt of Victoria passed legislation in the Senate to abolish stamp duty for first home buyers for purchase prices up to $600k. They have also significantly reduced the duty on purchase prices up
Finally the market is showing signs of a slowdown of its own accord rather than being forced backwards as a result of rate rises! This should mean a gradual reduction in prices instead of a crash.
It has been an interesting week in mortgage world! The State Govt announced sweeping changes to the way real estate can be advertised which should provide much greater transparency to prospective buyers. Presently first home buyers are
New Broker! I am expanding! New things. I have always been a sole broker, working for myself with Selena, and running my own business so I can give the best customer experience I can. While I am
CBA sent a shockwave through investors this week by increasing their fixed rates across the board for investment lending. The biggest jump was a 0.5 for fixed rate investment loans with interest only repayments, taking their
A recent study has shown the majority of first home buyers would consider putting their buying plans on hold if rates start rising. The margin was slim but nevertheless is an indication of future market direction,
APRA has ruled lenders need to urgently address the percentage of interest only loans they hold on their books. They have deemed interest only loans should account for no more than 30% of the lender’s total
