1. Interest rates are the lowest they have ever been.
2. To get in ahead of the curve prior to income reduction, job pause, job loss or access to finance becoming more difficult.
3. Move to a lower monthly repayment to improve your cash flow.
4. Release equity to maximise your cash buffer.
5. Consolidate debt to make repayments lower.
6. Receive strategic advice regarding your mortgage strategy or buying a property.
And that’s just to name a few…
A mystery shopping exercise conducted by Macquarie Bank has found that banks are willing to lend approximately $100,000 less to first home buyers, than what they would have two years ago. The participants told bank staff that they were on a wage of $105,000, lived on $1,200 a month with no dependents and a good […]
Investment property advice remains unregulated – but is this a good thing? Property spruikers and those selling property are able to market their assets as great investment opportunities under the guise of giving property ‘advice’. Property Investment Professionals Australia have interviewed David Johnston to get his views into the un-regulated state of the property market and […]
When we are not thinking objectively, we risk making poor or impulsive decisions. In the property game, this can mean purchasing an under-performing asset, losing money, having to start all over again and even regretting the home you have chosen for yourself. Why does property provoke our emotions? It is the only asset or investment […]
One of the biggest risks in property investment is trying to make a quick buck. Hastiness often leads to poor decisions, half-baked plans, buying from spruikers, developing without the appropriate skillsets, and ultimately underperforming investments. Successful property investment, like many aspects of life, is about being patient. Unlike shares, superannuation and our bank balance, you […]
For the majority of Australians, property is their most significant financial investment, even outstripping superannuation. Residential property is the nation’s single largest and most valuable asset class, with a total estimated value of $7 trillion just announced by Core Logic. To put this in perspective, the share market total capitalisation is $1.8 trillion and superannuation […]