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Broker Vs Bank: Why are more Aussie borrowers avoiding going direct to the bank?

Recent figures from the Mortgage and Finance Association of Australia (MFAA) indicate that an incredible three out of four home loan borrowers are relying on mortgage brokers to help them find a better loan, as opposed to going direct to a bank. Undoubtedly reduced levels of service resulting from branch...

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Living in the ’90s: Property market snapshot then vs now

You’d be hard pressed to escape a weekend BBQ without the conversation being directed to “the price of proprty these days”. Afterall, navigating, and talking about, the ups and downs of the state of the property market is an Aussie sport. There’s no doubt household budgets across the country are...

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Top 10 tax deductions for an investment property

A history of strong capital gains and the desire to 'touch and feel' investments drive investors towards the relative security of residential property. Combine this with population growth predictions, limited land for development, and a shortage of rental accommodation in most capital cities and starting or expanding a residential property...

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Home Loan Interest Rates: Where to in 2024?

In just a short timeframe, the Aussie interest rate outlook has shifted significantly. From discussions of potential rate cuts, we now anticipate a 'higher for longer' scenario, driven by unexpected inflation figures and cautious economic indicators. Despite notable progress in reducing inflation, challenges persist, particularly in sectors like healthcare, housing,...

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First Home Buyers: Grants & benefits available to you now

Getting into your first home has to be one of the most exciting milestones in life. On the flip side, it can be a little stressful. You’ve got to establish where you want to live, the type of property - house or unit, whether to buy an existing property or...

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When is the right time to refinance?

6 March 2024   As a general rule of thumb, if it’s been at least two years since you took out your home loan, it might be a good idea to review refinancing options. That’s because lenders, which want to win your business, often charge lower interest rates to attract...

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Insider Tips for Business Finance Brokers by Daniel Green

16th February 2024 Last week was a big week of achievements for the Green Team and I’ve only just had a chance to take it in. We were honoured with four industry awards over a few days, including our appointment to the LMG Chairman’s Club, positioning us in the Top...

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How do cash rate rises really impact how much you can borrow?

November’s official cash rate announcement came as no surprise with the Reserve Bank of Australia (RBA) presenting a 25 basis points increase, taking the official cash rate to 4.35%. This is the third rate rise since April 2023 and the highest it’s been in almost 12 years. So, what do...

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Thinking of refinancing? Here’s 5 important considerations

The cash rate is currently four percentage points higher than it was at the beginning of 2022, and it’s clearly influencing our purchasing behaviours (eating in is cool again), and for some, our quality of sleep! If an increase in loan repayments or the potential for an increase (i.e. if...

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Home loan pre-approval: your key to a successful negotiation

Securing a home loan pre-approval provides you with a commitment from the bank or lender of your choice as to how much you can borrow before you buy, with a formal, written home loan pre-approval. An official conditional pre-approval isn’t just an ‘indication’ of how much you can borrow it...

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