Breaking free from mortgage prison
With Australia at or near the peak of its rate cycle, it’s understandable that high interest rates have left many investors grasping for options to lower repayments.
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With Australia at or near the peak of its rate cycle, it’s understandable that high interest rates have left many investors grasping for options to lower repayments.
Many Australians believe that a hefty savings account is a prerequisite for property investment, but that’s not necessarily true. In this episode of The Smart Property Investment Show, Phil Tarrant talks to Eva Loisance of Finni Mortgages about the ways to reduce the upfront costs of investing, helping first-time buyers or those looking to grow a portfolio make their property purchase sooner. Eva reveals the key strategies for cutting down on the cash-in-hand needed to buy property in Australia, while discussing the pros and cons of harnessing each tactic. The duo also discusses how property...
While some investors are hanging around for policy changes from banks to improve their borrowing capacity, others are taking a more proactive approach.
The NSW government’s initiative to allow first home buyers to choose between stamp duty or an annual property tax ends this Friday.
Amidst the turbulence of a fast-changing financial landscape, a couple found the “solution” to a perplexing situation with the help of a savvy mortgage broker and smart financing strategies.