Move House
Monday, February 15th, 2010
Resi Home Loans is proud to announce that they are the Your Mortgage overall non-bank winner for Best Value Introductory Loan for Switch & Save.
Their award winning product, Switch & Save tops competition within the non-bank category not only because of its current low variable introductory rate of 5.70%* but also thanks to its competitive revert rate that kicks in after 24 months and no start-up or ongoing fees.
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Posted in Buying to Invest, First Time Buyers, Interest Rates, Moving House, Refinancing | February 15th, 2010 No Comments » Tags: affordability, First Home Buyers, Home Loan, Home Loans, Interest Rates, Invest, Lender, Move House, Property, Refinance, Variable loan, variable rate
Thursday, January 28th, 2010
With so much talk of increasing house prices and affordability – RP Data and Rismark are challenging this belief. From last week’s research, they claim that housing affordability has not declined since 2003. According to Rismark’s CEO, Christopher Joye, “There is an uninformed perception that houses are much more expensive now, compared to our household incomes, than they ever have been before.”
“But that is not correct, affordability in the housing market is not deteriorating rapidly, average house prices are not seven to eight times household incomes as is often quoted,” he says
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Posted in Buying to Invest, First Time Buyers, Moving House | January 28th, 2010 3 Comments » Tags: affordability, Budget, First Home Buyers, Home Loan, Home Loans, Invest, Move House, Property
Thursday, January 28th, 2010
This has been a contentious issue over the years among both researchers and economists – but data from Australian Property Monitors and RP Data’s Rismark has reignited this in the last few days.
An Australian Property Monitors’ Quarterly Housing report revealed, “2009 ended with the strongest annual house price growth since 2003,” which supports the view that residential property is unaffordable. APM also revealed over the December quarter the Australian property market saw a 4.8 per cent rise in median house prices nationally and 12.1 per cent rise overall for the year.
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Posted in Buying to Invest, First Time Buyers, Moving House | January 28th, 2010 1 Comment » Tags: affordability, Budget, First Home Buyers, Home Loans, Invest, Move House, Property
Thursday, January 14th, 2010
With several weeks left until the property market is back in full swing, first time borrowers should be using this quiet time now to ensure they’ve covered everything needed in terms of arranging pre-approval for loans and fine tuning property searches.
Too many times we see prospective buyers miss out on their dream home because they didn’t have all the necessary paperwork in order – and with the property market already set to heat up further in 2010, first time borrowers need to ensure this doesn’t happen to them.
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Posted in First Time Buyers | January 14th, 2010 3 Comments » Tags: Budget, First Home Buyers, Home Loan, Home Loans, Move House, Property, Renovate
Wednesday, December 30th, 2009
Each category of borrower, including owner occupiers, investors and first home owners should be looking at financial strategies to protect themselves from more rate rises. Apart from checking your loan’s features are still appropriate for you, owner-occupiers should be limiting discretionary spending, allocating more funds for their mortgage repayments. This will give them breathing space as rates continue to rise, as well as providing a slush fund for any necessary works on their property
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Posted in Buying to Invest, First Time Buyers, Interest Rates | December 30th, 2009 No Comments » Tags: Home Loan, Home Loans, Invest, Move House
Monday, November 30th, 2009
Each year Australians spend billions of dollars renovating or rebuilding their homes as they seek to improve their lifestyle, make adjustments to suit their changing circumstances, or simply enhance the value of their home.
As we grow in our relationships, our needs often change with regard to the home we live in. Our financial situation may improve which provides greater accommodation options, or indeed we may add to the family unit by having children or need to prepare for other family members to move into the home.
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Posted in Buying to Invest, Interest Rates, Moving House | November 30th, 2009 No Comments » Tags: Invest, Move House, Renovate
