Important features for your first home loan
When you begin your search for a home loan there is a lot to take into consideration. It is not just as simple as just finding the cheapest home loan rate (although a low interest rate is one of the…
When you begin your search for a home loan there is a lot to take into consideration. It is not just as simple as just finding the cheapest home loan rate (although a low interest rate is one of the…
Etienne Rizzo, the Director of FHBA Services Community member Deposit Assure, explores how parents can help their children achieve the Great Australia Dream of home ownership. The article was originally written for parents, baby boomers & retirees. Disclaimer: Please note…
The housing finance data for June 2016 was released today (the 10th of August 2016) by the Australian Bureau of Statistics (ABS). The report showed that the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments…
FHBA Mortgage Broker Ray Simpson from Sydney provides an exclusive insight into how the banks maximise their profits at the expense of borrowers! Disclaimer: Please note our website, including this article, is in no shape or form designed to replace the…
Last Tuesday the 2nd August the Reserve Bank of Australia (RBA) cut the official cash rate to a record low of 1.5%. Whilst the cut was widely expected my leading economists, many Australian’s are surprised by the new interest rates…
So you think you’re ready to get your first home loan and you’ve heard (perhaps from a friend or a family member) that you should talk to a mortgage broker about financing your first home loan? Well you have heard right. A mortgage…
Once a first home buyer has saved a deposit and found a home they would like to put an offer in for, there are two common problems first timers face: What steps do I need to do to purchase a desired home successfully? Who…
Today the RBA Board decided to lower the cash rate by 25 basis points to 1.75 per cent, effective 4 May 2016. The RBA noted in their press release “Inflation has been quite low for some time and recent data were unexpectedly low. While…
Today the RBA left the official cash rate on hold at 2.00% during their April board meeting in Hobart. The RBA noted in their press release “the Board judged that there were reasonable prospects for continued growth in the economy,…