RBA official cash rate hikes up to .85%
the Reserve Bank of Australia (RBA) has increased the official cash rate, this time by a further 50 basis points to 0.85 percent, as it tries to curb inflation.
June 20, 2022
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the Reserve Bank of Australia (RBA) has increased the official cash rate, this time by a further 50 basis points to 0.85 percent, as it tries to curb inflation.
Doctors are fortunate they get these incentives that are unavailable to regular borrowers. How much can a medical practitioner save when buying a property?
the government has introduced grants and schemes that will allow first home buyers, older borrowers included, to purchase a home with as little as a 5% deposit.
Your home is probably the biggest purchase you will make in your life- it can feel like a 30-year-long marathon. There are some simple ways
One tactic some buyers use is to make a pre-auction offer before the property goes under the hammer. The idea is that if you make your offer enticing enough
After 138 months, the Reserve Bank of Australia (RBA) has decided to increase the official cash rate by 25 basis points to 0.35 per cent in
Redraw facilities and offset accounts work in a similar way – they both effectively allow you to reduce the balance of your home loan, which reduces the amount of interest you pay.
Loan to Value Ratio is the percentage of the loan against the value of the property. It is how much loan you have divided by the market value of your house.
IS 50 YEARS OLD TOO OLD TO BUY A HOUSE?
They’ve always wanted to buy a home and have spoken to two brokers before they approached Maverick Finance about their chances of getting a home loan. When we understood their financial situation, we came up with a strategy.
My clients approached me last year about buying their first home. They’re a couple with two kids aged 8 and 10. The husband and wife
Yes, it’s tough to get a home loan, especially when you are 50 years old and over but there are ways. We just need to assure the bank that you have the capacity
Applying for a home loan if you’re self-employed may seem daunting. The uncertainty of COVID-19 has made it even more difficult to assess its impact
With Melbourne’s median house price jumping 16.2% to $1,022,927 because of ultra low interest rates and government stimulus, a growing number of first home buyers
This was one of the most satisfying loan applications I have managed in my time as a mortgage broker. The couple came to me with
Aspiring to become a homeowner is one thing, actually planning how you’re going to pull it off is another, especially in Australia’s record-hot property market. Fortunately,
We are a team of qualified professionals who have been in the mortgage broking industry for the last 10 years. We are also property investors who have accrued the knowledge and experience to help you achieve your property goals.
Learn the right strategy and find the resources to empower you to buy your first home, to refinance or to purchase your first investment property. Our team of brokers can guide you through the home buying process and answer your questions,
including:
➔ Where and what you can buy?
➔ How much deposit will you need?
➔ How much can you borrow?
➔ What are all the other costs involved?
➔ How can you repay my mortgage quickly?
Our role as your mortgage broker is to guide you through the process to ensure that all your needs and options are considered.
Your full financial situation will need to be reviewed prior to acceptance of any offer or product.
MBM Mortgage Pty Ltd trading as Maverick Finance | ABN 28 149 301 084 | Credit Representative 403019 is authorised under Credit License 389328
This website provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you
consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not
constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.