RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Home Loan Variable: 5.88% (6.07%*) • Home Loan Fixed: 5.49% (6.26%*) • Fixed: 5.49% (6.26%*) • Variable: 5.88% (6.07%*) • Investment IO: 5.79% (6.67%*) • Investment PI: 5.64% (6.08%*)

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Top 100 Questions Borrowers Ask Brokers About Home or Investment Property Loans
Kelvin Mason

#36 Borrow Smart Series – Switching Lenders: How to Refinance for Better Terms

Switching Lenders: A Guide to Securing Better Loan Terms. In today’s dynamic financial landscape, staying complacent with your current home loan could mean missing out on significant savings and better terms. Switching lenders, also known as refinancing, can be a strategic move to improve your financial position. Let’s explore the

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Offset
Kelvin Mason

The home loan feature 70% of new borrowers are hooked on

When it comes to home loan features we’re spoiled for choice. Even basic loans can come with a fisherman’s basket full of options. But one feature in particular is being targeted by seven out of 10 home buyers. Faced with high interest rates and a cost of living crunch, home owners in

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General
Kelvin Mason

How Getting Your Own Australian Credit Licence (ACL) Can Benefit Borrowers

Having obtained my credit license I wanted to feedback how this might benefits borrowers I work with …  Obtaining an Australian Credit Licence (ACL) is a significant step for financial professionals and can have numerous benefits for borrowers. Here’s how having your own ACL can positively impact the borrowers you serve: Enhanced

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Top 100 Questions Borrowers Ask Brokers About Home or Investment Property Loans
Kelvin Mason

#35 Borrow Smart Series – Bridging Loans: Smooth Transitions Between Properties

Bridging Loans: A Temporary Solution for Property Transitions. When you’re looking to buy a new property before selling your current one, bridging loans can provide the financial flexibility you need. These short-term financing options bridge the gap between purchasing a new home and selling your existing property. Let’s delve into

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Interest Rates
Kelvin Mason

Fixed rates tumble: a sign of things to come?

When will interest rates fall? It’s the question everyone is asking right now, and while speculation swirls about future rate cuts, the latest moves in fixed rates suggest we may not have to wait too much longer for variable interest rates to head south. While about 4-in-5 Australian households are currently on a

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Top 100 Questions Borrowers Ask Brokers About Home or Investment Property Loans
Kelvin Mason

#34 Borrow Smart Series – Using Your SMSF to Invest in Property: A Step-by-Step Guide

Investing in Property Through Self-Managed Super Funds: A Comprehensive Guide. Self-Managed Super Funds (SMSFs) have become an increasingly popular vehicle for Australians to take control of their retirement savings and invest in property. While this strategy can offer significant benefits, it’s crucial to understand the complexities and responsibilities involved. Let’s

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Mortgage Broker
Kelvin Mason

Swipe Left on Social Media: The Case for Professional Mortgage Advice

TikTok vs Talking to Your Broker: Why Professional Advice Trumps Social Media In today’s digital age, social media platforms like TikTok and Instagram have become popular sources of information for many Australians, including those seeking financial advice. However, when it comes to making significant financial decisions such as obtaining a

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Top 100 Questions Borrowers Ask Brokers About Home or Investment Property Loans
Kelvin Mason

#33 Borrow Smart Series – Negative Gearing: How It Works and How It Can Benefit You

Negative Gearing: Understanding the Strategy and Its Benefits for Property Investors. Negative gearing is a popular investment strategy in the Australian property market that can offer significant benefits to investors when used wisely. This approach occurs when the rental income from an investment property is less than the interest on the loan used to

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Top 100 Questions Borrowers Ask Brokers About Home or Investment Property Loans
Kelvin Mason

#32 Borrow Smart Series – Boost Your Borrowing Power with Rental Income

Leveraging Rental Income to Boost Your Borrowing Capacity. For property investors and homeowners alike, rental income can be a powerful tool to enhance borrowing capacity when applying for a home loan. Understanding how lenders view and assess rental income can help you maximise its benefits in your loan application. Let’s

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Finance Strategy
Kelvin Mason

Bigger is Better? Why Tenants are Opting for Multi-Bedroom Properties

Why Multi-Bedroom Homes Could Be Appealing for Investors A cost of living crunch is driving a new trend among renters – and it’s changing the wish lists of some property investors. Here’s what’s happening across the rental and investment markets.Investors have been a significant force in the property market recently,

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Finance Strategy
Kelvin Mason

Essential Workers: Your Job Could Boost Your Home Buying Power”

Home Loan Perks: Does Your Job Qualify? Your occupation can offer more than just a pay check. When it comes to home loan approval, certain professions enjoy preferential treatment from lenders. Let’s explore some of the occupations that can provide home loan advantages. Essential Workers: Special Considerations Essential workers, including

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General
Kelvin Mason

From Thousands to Millions: The Remarkable Journey of Australian Property Values

The Long-Term Value of Australian Property Australian property has proven to be a lucrative long-term investment, with many homeowners experiencing significant increases in their property’s value over time. This trend has been consistent for decades, making real estate a reliable wealth-building strategy for many Australians. Historical Property Value Growth Australian

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Fixed Interest Only (P&I)
Interest*
5.55%
Comparison*
6.02%
   
5.55%
6.08%
   
5.55%
6.14%
   
5.55%
6.21%
   
Variable Interest Only (P&I)
Interest*
6.18%
Comparison*
6.37%
   
6.18%
6.55%
   
6.19%
6.52%
   
6.24%
6.26%
   
Invest Interest Only
Interest*
5.69%
Comparison*
6.19%
   
5.69%
6.25%
   
5.69%
6.32%
   
5.69%
6.40%
   
Invest Loans
Interest*
5.55%
Comparison*
6.02%
   
5.55%
6.08%
   
5.55%
6.14%
   
5.55%
6.21%