Refinancing is not quite as simple as changing loans or lenders. It’s a complex process so it’s extremely important to carefully consider what’s important to you and thoroughly evaluate your current financial situation as well as your medium- to long-term goals. Having an experienced mortgage broker will go a long way to making you feel
There has been ample press of late about the plight of Australian first home buyers, and their struggle to make property ownership a reality. With so many fundamentals underpinning the East Coast’s house price surge, first home buyers are more than ever, having to get creative to secure their first home. So what solutions exist
Mortgage broker AFG processed a record $1.09 billion worth of home loans in Victoria in July. The monthly surge in mortgage lending was more a sign of changing borrower preferences for brokers over banks and less the result of rising demand for home loans, AFG general manager of sales and operations Mark Hewitt said. “The
PPB Advisory has set up a new real estate business on the Gold Coast and is betting on a surge of activity within the next nine to 12 months. The group’s new office will be headed by former EY property partner Garry McLean and has already attracted major clients such as listed residential developer Sunland.
Annual growth in bank lending to home buyers has surged to the fastest pace in two years, reinforcing speculation the Reserve Bank of Australia will signal next week that its easing cycle has finished. Figures released by the Reserve Bank on Friday showed lending for housing rose 0.6 per cent in December, the largest gain
The Commonwealth Bank of Australia will move its new Brisbane headquarters to Japanese billionaire Katsumi Tada’s Daisho office tower currently under construction. Commonwealth Bank chief financial officer David Craig said the move represented a significant and long-term investment in the future of the bank’s Brisbane based operations. “The new workplace has been designed to promote
In the wake of natural disasters, nearly one in four Queenslander’s are now fixing their home loan rate, while nationally demand for cheaper fixed-rate home loans is also rising, according to a prominent mortgage manager. During February, fixed-rate home loans were most popular in Queensland, where demand reached 23.05% of all new mortgage loan approvals.
A $31 million mixed-use apartment complex on the Ballina Riverfront is set to break the six-year development lull in the area if given the green light by the council. Known as Reside Living Ballina, the former Sundowner Motor Inn site will host 36 apartments aimed at downsizing baby boomers and empty nesters. Located at 274
A four-bedroom home in Fig Tree Pocket is listed for a auction this Saturday with a $2 million-plus price guide. Situated on a large 2,425-square-metre elevated block across two titles on Mactier Street, the two-storey heritage-style home last sold in 2008. Inspired by Brisbane’s Milton House on Coronation Drive, the home boasts 3.3-metre high ceilings,