<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1653223531561810&ev=PageView&noscript=1" />
MMO Team Photo
Home / 2015 / Archives for June 2015

Archives for June 2015

What suits your money management style best? A fixed rate loan or variable rate loan?

Depending on your personal preferences when it comes to managing money, different home loans best suit different people.  Here we’re going to look specifically at variable rate home loans vs fixed rate home loans to find out which may suit you best. What is a variable rate home loan? A variable rate loan is where the interest rate can be changed at any time over the course of the loan, completely at the discretion of the lender.  Over the full term of your home loan, the interest rate will … [Read more...]

Our 5 tips to get you started with investment property

Have you been thinking about investing in property for a while, but haven’t done anything about it yet?  Over the years, we've assisted thousands of clients grow their investment property portfolios. We can help you too! Here are our 5 top tips to get started. 1.         Create a plan What do you want to achieve by investing?  Are you looking for capital gains over a set period of time, or are you focused on generating rental income? It’s important to know your objectives from the … [Read more...]

How do the changes to investment lending affect my existing investment loans?

You've probably heard a fair bit about lenders toughening their lending criteria for those wanting to buy investment property.  But how does this affect your existing  investment loans for the property you already own? It all started when APRA wrote to ADI’s (Authorised Deposit-taking Institutions – mainly banks, credit unions and building societies) last year, after completing a review of these institutions. APRA was concerned by the significant growth in the number of investment loans and … [Read more...]

RBA Decision – June 2015 Meeting

The RBA has announced their decision today to keep the official cash at 2.0%. Here’s part of the statement by Glenn Stevens, Governor: Monetary Policy Decision. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than a year ago. This trend appears largely to reflect increased supply, including from Australia. Australia's terms of trade are falling nonetheless. The Federal Reserve is expected to start increasing its policy rate later this year, … [Read more...]

Award Winning Mortgage Professionals

MO'R MORTGAGE OPTIONS