Mortgage Broker in Perth Metro, Armadale, Rockingham, Mandurah, Bunbury / South West, Narrogin and surrounding districts
Buying a new home, established home or an investment property will be one of the most important financial commitments that you will make. Taking the time to understand your needs and wants before completing a home loan application is essential to enable you to make the right decisions for your financial needs.
If you are looking for finance, it is critical to make sure you work with a mortgage broker you like and trust, whether it be me or somebody else.
I believe obtaining a home loan pre-approval before entering the market is essential no matter the loan size your are considering.
Being an investor myself, I understand the processes involved and have secured many forms of investment loans for first time investors, family investors and for investors with property portfolios, including company trusts.
Being self-employed can present different hurdles to over come when seeking finance.
Could a rate cut in October coincide with a turn in the market?
Historically, one of the best barometers for the health of the property market is auction data… So, I asked my colleagues at Australia’s largest real estate company - Ray White - to share their nationwide auction stats looking back at the year that has been. They collect this data every weekend, and over thousands of auction events they measure the clearance rate, number of active bidders, number of onlookers, and a variety of other useful metrics. So what do these findings tell us about where we are in the property cycle?
When is cheaper not necessarily better?
With all the hype around record low interest rates it's easy to get tunnel vision and focus only on the lowest number when choosing a home loan provider, however finding the right loan is about much more than just the best rate. When assessing possible options for home loans, borrowers frequently assume the ones with the lowest possible rates to be the best without being mindful of other considerations such as fees and charges or loan features.
Shares, cash, real estate and record low interest rates.
We’ve not seen interest rates at this level since the 1950s, so what are the opportunities and pitfalls that come with a cash rate at one percent for everyday investors? Low interest rates represent benefits in some investment categories, and hurdles in others. So how do you make low rates work for you? Understanding what avenues are available to invest in, in today’s environment is a topic I constantly discuss with clients and finance industry peers.