Outlook Positive for Housing Finance: 2012
Lower interest rates and growing consumer confidence will help stimulate the home finance market in 2012, says leading mortgage broker Loan Market. Loan Market Corporate Spokesperson Paul Smith said the outlook for the coming year was more positive after some challenging economic conditions during 2011. “The year ahead looks quite promising with the likelihood of interest rates continuing to head down and lender risk appetites growing,” Mr Smith said. “The Melbourne Cup day rate cut by the Reserve Bank of Australia (RBA) was a turning point for the market and the follow up December reduction will help boost activity over . . .
Your Quick Guide to Interest Rates
Buying your home is an exciting experience and it makes good financial sense to understand the numbers around your purchase, these include interest rates, fees and charges that may be associated with your mortgage. When looking at interest rates, you need to consider the actual amount of interest you will pay over the full term of your home loan. Your mortgage broker is best positioned to help you not only understand the numbers but more importantly to negotiate interest rates on you home loan with lenders. Your mortgage broker will even help you fill in the paperwork for your home . . .
Reasons for Cheer
Eurozone markets were offered a light at the end of the tunnel last week as Spain and Italy both sailed through the first bond auctions for 2012. The resultant optimism initially buoyed the Australian stock market which then closed slightly lower as investors chose to sit tight. British Chancellor for the Exchequer George Osborne has now predicted the Euro will survive, provided European leaders take the necessary tough decisions. Local property markets are also showing potentially positive signs, with agents in popular tourist destinations reporting a surge in the level of buyer activity. In Queensland, hot-spots like the Gold Coast, . . .
Renovations – The Basics and Beyond
So you know your bathroom is in desperate need of an update – but where to start? Planning, picturing and process is the answer to an inspiring result and stress free renovation experience. Living with a tired, dated, dripping or just plain daggy bathroom can really drag the value of your property down. Yet the idea of embarking on a renovation can be a little overwhelming, this is especially true if your valuable free time is limited or if you have never renovated before. That practical, clean, fresh bathroom you’d love to live with is closer and easier than you may . . .
