10 Questions to ask a home lender

BUYING a home is stressful enough, without having to assess every single lender and product in the market.

Here are 10 questions you should ask potential lenders:

1. What loan will suit me best? Review all the loan features such as whether you can redraw or make extra payments.

2. What is the interest rate?

It will be […]

By |October 27th, 2011|blog, Finance, Purchasing a House|0 Comments

Property bubble a myth, Andrew Winter says

THE slowdown in property sales is not a sign that the Australian housing market is about to crash, writes real estate expert Andrew Winter.

Property pundits often make the statement that the housing market is about to crash.

This occurs a few times every decade but it seems to suffering overuse since the global financial crisis […]

By |October 20th, 2011|blog, Finance|0 Comments

Get the best deal on your dream home

NEVER take the listed price as an indication of the true value of a property, and thoroughly research the market before putting down an offer. Those are just two of the tips suggested by Property Searchers director and buyers agent Scott McGeever. He has been advising buyers on how to get the best […]

By |June 7th, 2011|blog, Finance|0 Comments

Brisbane clocks in near bottom of market

It’s been a bad year for Queensland. Floods, a cyclone and a weak tourism market have taken their toll, and now the April RP Data?Rismark Hedonic Home Value Index ranked Brisbane as Australia’s weakest capital city housing market. House price depreciated by 4.8% during the first four months of the year and by […]

By |June 7th, 2011|blog, Finance|0 Comments

Tips on how to have your mortgage application approved

BANKS have become much tougher about who they will lend money to since the global financial crisis and the situation shows no signs of easing in 2011. It is estimated that almost one in four mortgage applications is rejected and usually for the same reason – lack of preparation by the potential borrower. […]

By |June 1st, 2011|blog, Finance|0 Comments

Now is a good time to buy

by Michael Matusik THE residential property market has been sailing like a rudderless ship of late. And the fact we have been somewhat out of step with housing markets across the world seems to be making some a bit nervous. But indications are, in theory at least, that in Queensland and especially in Brisbane, […]

By |May 12th, 2011|blog, Finance|0 Comments

Bring on house price fall, says ANZ chief executive Mike Smith

ANZ chief Mike Smith has welcomed the malaise infecting Australia’s property market, saying the fall in house prices is "not a bad thing". And the bank has declared its intention to fight back in the home loan market in spite of falling property prices after losing steam as major rivals aggressively fight for […]

By |May 4th, 2011|blog, Finance|0 Comments

RBA keeps cash rate on hold at 4.75 per cent

THE Reserve Bank of Australia (RBA) has decided to keep the cash rate steady at 4.75 per cent at its regular monthly board meeting today. The decision was expected, with all but one of the 13 economists surveyed last week by AAP predicting the RBA would keep rates on hold. RBA governor […]

By |May 3rd, 2011|blog, Finance|0 Comments

Banks to extend loan relief for Queensland flood victims

THE major banks have caved in to political pressure, pledging to extend 90-day freezes on loan repayments for the worst-affected survivors of Queensland’s natural disasters. With the flood and cyclone-ravaged state preparing to mark 100 days tomorrow since Toowoomba and the Lockyer Valley were inundated, Premier Anna Bligh urged the banks to understand […]

By |April 19th, 2011|blog, Finance|0 Comments

Thousands freed from high fixed-interest rate loans

MORE than 100,000 homeowners will be sighing with relief that their three-year fixed-rate mortgage has run its course. This group would have taken on their loan at a rate of more than 8 per cent and missed out on the sharp cut in interest rates by the Reserve Bank during the heat of […]

By |April 14th, 2011|blog, Finance|0 Comments