While investors can use the equity in their existing homes to build their property portfolio, how do first time buyers get into the property market? Many first time buyers are earning enough to borrow money but only have a low deposit to enter the property market. On average a $500,000 property requires a deposit of […]

“Interest rates appear to have passed their low point.” Bill Evans from Westpac Bill Evans is the Westpac Chief Economist and he believes we are at the bottom of the interest rate cycle.  And yesterday the RBA kept interest rates on-hold again. What does this mean for you? Last week most lenders increased their fixed rates for home loans […]

The important of independence You need to make sure your Broker can offer you the choice of many different lenders. Most independent Brokers will have around 20 different lenders, and they will recommend the best three lenders for you to choose from. But there’s something else you need to know. Some Brokers are paid higher commission […]

The ABS has recently released building activity data that’s useful in highlighting trends in the residential property market. You will see in the opposite graph that residential building completions are starting to rise strongly as residential building commencements have begun to fall. Trend figures show the peak in apartment commencements occurred late last year. But […]

“Rates appear to have passed low point,” Bill Evans Westpac Chief Economist Bill Evans is the Westpac Chief Economist and believes we are finally at the bottom of the interest rate cycle. He says the money markets appear to be more convinced that we have seen the low point in rates in this cycle for […]