Interest Only loans have changed and may not be the best option for you. Read more to find out how the move from Interest Only (IO) to Principal & Interest (P&I) works and the impact of switching. 

Spring has sprung and the property season is well underway. Demand for property in Melbourne is expected to outstrip supply which will no doubt place further pressure on prices. Organise your finance well ahead of time so you can house hunt with confidence.

If you are looking dip your toe into, or expand your portfolio in Melbourne’s prestige property market Toorak is a classic performer boasting designer boutiques, grand mansions and luxury apartments, and excellent private schools.

When you need a home loan or are looking to refinance many people head straight to the bank. Here’s three reasons why you should consider using a Mortgage Broker instead. 

Until only recently recommending interest only loans for investment purposes was a standard wealth creation strategy; that is no longer the case.

The prestige property market in both Sydney and Melbourne continue to perform quite well, with strong sales over the last year.

To rent or buy?  That is a question each generation has faced, but the metrics have changed, with increased affordability issues in Melbourne and Sydney making it harder to buy in prime locations than ever before.

When people buy property together, particularly if it’s with a partner or spouse, they often register the title in both people’s names – especially if they’re going to live in the property.

Only 12km outside of Melbourne’s CBD, Carnegie has grown in popularity for its location, convenience and vibrancy.

Mortgage brokers have expertise in residential and other property loans. They can also play an important role in helping businesses find and secure commercial and asset finance at competitive rates, by leveraging their network of lending institutions.

Part of the City of Kingston, Mentone is a vibrant seaside suburb popular with older couples and families. And it’s well set up for families too, with eight schools, the highest concentration of schools in Melbourne.

The 2017 Federal Budget was highly anticipated by many in the housing industry – especially in regard to negative gearing and housing affordability. While the announcement may have fallen short of many expectations, it has taken realistic and practical measures to increase available housing stock for Australians.

Real estate has always been a favourite investment option for Australians and the latest numbers show that’s not changing.

Affordability of housing continues to be an issue which affects us all, but none more than first home buyers. The Victorian Government has recently announced measures aimed at making home ownership easier for those young people.

Demand and supply ultimately set housing prices. Australia does not have a shortage of land. What we do have is a shortage of accommodation where people want to live. It is Melbourne and Sydney which are expensive, not the nation, because so many want to live in those two cities!