
Property Hotspots
Here is an interesting article with two buyers agents regarding their opinion’s on Market trends and hotspot’s to buy:
Here is an interesting article with two buyers agents regarding their opinion’s on Market trends and hotspot’s to buy:
The Australian resdiential property market continues to boom with Melbourne dominating house price performances.
We reqularly get questions about the pro’s and cons of borrowing for investment properties through different structures, so I thought I’d summarise the various ways you can structure your purchases and borrowings:
The $ sign was designed in 1788 by Oliver Pollock, a New Orleans businessman, using a combination of Spanish money symbols.
A common piece of advice that is given to property investors by mortgage brokers, at least knowledgeable brokers, is to keep securities for each loan seperate, ie) avoid cross-collaterisation at all costs.
Predicting a property crash in Australia seems to have become a type of sport amongst economists worldwide. It’s almost as if members of this profession are wishing a property crash on us. But how accurate are their predictions and should property investors in Australia be worried by this up-surge in gloomy analyses for our property market?
Heard about Mortgage Refinancing? In the past, most people who took out a Mortgage persistently continued with it until they had paid it off. These days, people refinance their Mortgage much more frequently. The average duration of a Home Loan in Australia now is just 4-5 years. Here we look at some of the reasons people in Australia refinance their Home Loan.
AUD/USD – Short term trend UP, Long term trend UP
The AUD/USD broke through resistance of 1.0600 and has traded as high as 1.0792. RBA leaves rates unchanged and downgrades the Australian growth forecast. The global growth outlook is a concern for the RBA with European sovereign debt issues weighing on the European banking system.
Home owners are still refinancing their mortgages, even as the property market remains flat, the latest Bankwest/MFAA Home Finance Index has shown. The Home Finance Index, which surveyed more than 1,139 respondents, revealed that one in four (24.7%) had refinanced their loan in the past two years and 14.2 per cent had refinanced in the previous year, an increase on the previous HFI.