Some lenders would have us believe increased funding costs are the main influence behind the increases, however, in the minutes of its latest monetary policy meeting, the Reserve Bank underlined: “The increases had been mainly in response to prudential measures introduced by APRA in 2014 to slow the growth in lending to housing investors and […]
They shall grow not old, As we that are left grow old. Age shall not weary them, Nor the years condemn. At the going down of the sun, And in the morning; We will remember them. LEST WE FORGET.
We wish you a Happy Easter. Please stay safe, enjoy, relax and don’t forget to eat chocolate!
We have just moved into our new office at Sutie 5/96 Manchester Road Mooroolbark Vic 3138 and now seeking to fill the position of Mortgage Broker’s Assistant – Part Time The objective of this role is to assist the Mortgage Broker deliver exceptional customer service by managing the administration of multiple loan files Part-Time 3 […]
New research has revealed that 24.2% of Australians worry about money on a daily basis. Industry heavy, John Flavell said: “The Australian Bureau of Statistics’ latest Wage Price Index found wages grew just 1.9% between the December 2015 quarter and the December 2016 quarter, which is incredibly low by long-term standards. “And while wage growth […]
Lenders have been increasing interest rates on their loans recently. Increases have been applied to Interest Only Loans and also to Investment Loans. This means if your Investment Loans have been set up as an Interest Only Investment Loan you could have had more than one rate increase applied. The good news is that there […]
Today we wake to the terrible news of the London terror attack and the reports of the bravery of the Police, one who lost his life. These courageous people put their lives on the line to protect us all and we must show them the respect they deserve. This includes all the other Emergency Service […]
Just recently I have noticed that I’ve been caught in a trap. The trap of being “too busy” to follow my own advice. I have stopped planning out my work day. As a result I have been feeling totally out of control. The solution is easy; I have to go back to what I know […]
The release of today’s HIA Affordability Report shows how further gains in dwelling prices have caused housing affordability to deteriorate sharply during the December 2016 quarter. “During the December 2016 quarter, housing affordability across Australia worsened by some 7.3 per cent due to the recent uplift in dwelling prices,” explained HIA Senior Economist, Shane Garrett. […]