Did you know that buying investment property has proven to be a great way to build wealth over the long term, with some suburbs doubling in value every seven to ten years? Your Priority Lending mortgage broker will help explain to you your investment loan options. With negative gearing the traditional way of structuring a…
If you are considering home improvements you may be considering the benefits of a Do It Yourself or DIY project. DIY is not for everyone; in fact it’s not for most people. Either way, here are some ideas to help you plan for your project and help you decide whether to DIY or not to…
Most Australians are expecting more reductions in the official interest rate by the Reserve Bank of Australia (RBA), according to a national survey by leading mortgage broker Priority Lending. The Priority Lending poll which asked “What action do you expect the Reserve Bank will take on the cash rate in the coming months?’ found 39…
Pay off your mortgage faster by following some simple advice from Priority Lending expert brokers. If you consider the actual interest rate repayments you would pay over the full term of your home loan, it makes good sense to make an appointment with an expert mortgage broker to try and pay off your mortgage faster. Pay Off…
Enquiries for business and commercial loans have soared in the wake of the Reserve Bank of Australia (RBA) reducing official interest rates, says leading mortgage broker Priority Lending. Priority Lending Chief Operating Officer Dean Rushton said an examination of major mortgage industry web traffic using online measurement company Experian Hitwise showed a 133 per cent…
Attaching an offset account to your home loan can be an extremely useful tool for reducing your home loan debt, if used correctly. Quite simply it is a savings account attached to your home loan account. As the name suggests, an offset account is used to offset the costs of your home loan, specifically the…
Interest rates on home loan products may vary between lenders depending on loan packages and special offers available. When buying a new home it’s important to compare home loan interest rates to ensure you are getting a competitive deal. Priority Lending mortgage brokers understand the importance of comparing home loan options and can help you…
Generation Y expect the carbon tax to be the factor that hurts them the most financially in 2012, according to a national survey by leading mortgage broker Priority Lending. The Priority Lending poll which asked “What factor is most likely to negatively impact you financially next year?” found the majority of the 484 respondents said the carbon…
Purchasing your first home is an exciting time but it can also be stressful when you are renting and saving for your deposit. Apart from your own genuine savings, depending on the lender, you may be able to make use of a combination of sources which may include equity in a family member’s home (usually…
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