While owning your own home has always been the great Australian dream, there are, in fact, arguments for renting. Both owning a home and renting one come with a list of pros and cons. The new Genworth Calculator can help quantify the numbers from a financial standpoint that may help make the decision. More factorsRead more
It’s that time of year again – EOFY and tax time! From July 1, group certificates are sent out and taxes are filed by the masses. If you’re among the majority, which is estimated at 82%, then you’re likely to be receiving a tax return really soon. There’s a multitude of worthy options when itRead more
Earlier this year a new housing affordability package was announced, which aims to support first homebuyers, as of July 1st 2017. It’s no secret that the rising costs of real estate have kept some Australians, both young and old, from entering the property market. If you are a first homebuyer, you are probably wondering whatRead more
Looking at re-financing, chat to the experts at Mortgage Masters! People re-finance for various different reasons, a popular one being to renovate! Refinancing your assets to renovate a property is a significant decision that will hopefully improve your standard of living or add substantial value to your property. Refinancing isn’t as straightforward as you think.Read more
Best time to buy, according to Mortgage Masters! While spring is renowned as the time that sellers dust off their properties and place them on the market, this doesn’t mean it is necessarily the best time for buyers to begin the house-hunt. One of the biggest issues with shopping in spring is the flood ofRead more
Asking how long it takes to get a loan approved is like asking how long a piece of string is. Every application is unique, so the time between your first contact with your bank or broker and approval can never be predetermined. There are, however, some things you can do to help hurry your applicationRead more
If you need a mortgage broker who can come to you in the convenience of your own home or workplace- keep an eye out for Tracy! She will be travelling town in our new Mortgage Masters car! Remember that we are mobile, and can show you how to save big on your mortgage. Whether youRead more
We are excited about the launch of Genworth’s new Buy or Rent Calculator. The Buy or Rent Calculator helps you to to easily quantify and view the benefits of: 1. buying a property now using LMI, versus 2. delaying the purchase and continuing to rent and save for a 20% deposit, versus 3. renting and saving indefinitely.Read more
Urgent maintenance is an unavoidable aspect of being a landlord, so having a cash buffer set aside will help you deal with any unexpected problems. When renting out an investment property, having access to extra cash is vital for two reasons: to cover the costs of maintaining the property, giving it the best chance ofRead more
With house prices soaring in Sydney and throughout Australia, it’s little wonder that first home buyer purchases are on the decline. This mini property boom, caused by low interest rates and stable employment levels, has simply priced first home owners out of the market. Family guarantees have essentially been around since the dawn of modernRead more
