The purpose of a mortgage broker business is to act as an intermediary between borrowers and lenders in the process of obtaining a mortgage loan. Mortgage brokers are licensed professionals who help borrowers find the best mortgage loan options from a variety of lenders, including banks, credit unions, and private lenders. Mortgage brokers have
Are you considering property investing as a way to grow your wealth and create financial security? If so, read on… Investing in property can be a lucrative opportunity, but it’s crucial to be aware of the potential pitfalls that can result in costly losses. To help you avoid these mistakes,
If you’re thinking about refinancing your home loan, it’s essential to act sooner rather than later, especially with the current trend of rising interest rates. If you have never refinanced before or can’t recall when you last did, chances are you are paying a higher interest rate than necessary. The reason for this is
Three financial New Year’s resolutions to tackle 2025 head-on: Schedule a home loan health check Don’t let your mortgage cost you more than necessary. With average borrowers paying nearly $6,000 extra in interest for not refinancing in the past year, it’s crucial to review your home loan7. Contact a mortgage broker to assess if your current loan still
Inheritances can be a bittersweet part of life. But an inheritance alone won’t always cut it when applying for a home loan. Having genuine savings can help show lenders you’ve got what it takes to meet mortgage repayments. With many older Australians having accumulated a decent amount of wealth throughout their years, it’s not
As we bid farewell to 2024 and welcome 2025, we extend our warmest gratitude to our valued clients for your unwavering trust and support throughout the past year. 2024 presented its share of challenges, with elusive rate cuts and persistent inflation making it a tougher year than many anticipated. Despite
As we approach the summer break of 2024-2025, it’s an opportune time for homeowners to consider refinancing their mortgages. Recent data suggests that exploring refinancing options could lead to significant savings, especially for those who haven’t reviewed their home loans since interest rates began rising. Current Refinancing Landscape Over 28,000 Australian homeowners refinanced their
We’ve seen interest rates bounce back up over the past three months, and most economists are predicting more increases to come. If you’re starting to worry about your finances, rest assured there are several steps you can take now to get on the front foot. The days of ultra-low interest rates are
As we are at the end of 2024, the Australian property market has shown varied performance across different regions. Here’s a summary of how property prices fared in 2024 and what’s expected for 2025: 2024 Performance National home values increased by 5.5% over the year November 2024 saw a modest
It’s good to understand the loan process before you get started. Get a mortgage broker on your side We’ll discuss your short and long term goals so we can go away and research your options. Understand what’s possible I’ll scour the market and provide tailored recommendations that meet your goals and objectives.
Buying a new property and selling your old one can be an expensive and tricky process. One of the key things to consider is the timing. Should you buy your new place before selling your current property? Or should you sell your property first before buying a new one? An
Lenders Mortgage Insurance (LMI) and Loan Protection Insurance (LPI) are two totally different things. Full glossary is available here LMI is something your lender will generally require you to pay if you take out a mortgage with less than a 20% deposit. LPI is something you can optionally purchase to protect you
© Buy Invest Live ABN 48 638 048 343 ACL 390222 | Privacy • Terms • Disclaimer
Buy Invest Live
