By Megan Speight Last Wednesday the Commonwealth Bank made history when it monumentally slashed its fixed term interest rate on a 5 year term to below 5%. NAB and Westpac followed suit within hours, leading to the lowest fixed rate for home loans that the Nations ever seen. Experts around the Country are encouraging customers…
The much-hyped first Budget of the new Coalition government was recently handed down, with some big changes in store for Australian families. If the proposed Budget is passed, what will it mean for homeowners like you? Keeping interest rates low With low interest rates staying low, now is a good time to review your budget…
Would you appreciate an extra $300 in your pocket every month? Who wouldn’t! Reviewing your home loan options when you already have a mortgage is easy to pop into the too hard basket. But it could save you a lot of money and I can do most of the legwork for you. There are several…
Budgeting. Ick. Just the word alone can be cringe worthy. With the release of the federal budget and the end of financial year people are asking for my top budgeting tips and it’s honestly hard to get excited about. But perhaps it’s because we often look at what we’re missing out on rather than what…
Property investors are expected to get a spring in their step as the home finance market moves out of winter, according to a national survey by leading mortgage broker Priority Lending. A survey of the company’s mortgage brokers which asked ‘Do you anticipate an increase in inquiries from property investors during spring?’ found 86 per cent…
Most home loan customers expect the Reserve Bank of Australia (RBA) to lower official interest rates again before the end of the year, a national survey has found. The Priority Lending poll which asked “Do you think the RBA will lower interest rates again in 2012?’ found 64 per cent of respondents believed there would…
Savings remains the main barrier for people entering the property market, although first time buyer savings levels have improved during 2012, according to a survey by leading mortgage broker Priority Lending Priority Lending Corporate Spokesman Paul Smith said a survey of the company’s mortgage brokers found 65 per cent said insufficient savings was the number…
The end of generous first home buyer schemes in four states and territories has made an immediate impact on those looking to enter the residential real estate market, says leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman Paul Smith said the company’s nationwide data for July, 2012, showed a six per cent fall in…
The Reserve Bank of Australia (RBA) staying on the interest rate sidelines shouldn’t deter consumers from trying to secure a better deal from their lender, according to leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman Paul Smith said it was no surprise today to see the RBA maintain its relaxed approach and keep the…
Potential first home buyers keen to enter the real estate market but unsure of how to overcome common home loan issues such as building a deposit have options, says leading mortgage broker Priority Lending. Priority Lending Melbourne westside senior finance broker Hannah Nguyen said many first home buyers are unaware of their financial requirements when…