<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1653223531561810&ev=PageView&noscript=1" />
MMO Team Photo
Home / 2016 / Archives for July 2016

Archives for July 2016

When is a good time to fix your home loan?

Without a crystal ball, there's always a bit of guess work involved in picking the absolute best time to fix your home loan. A question which may be just as relevant is, 'Why do you want to fix?' A fixed rate loan is a good option anytime if you're someone who likes your loan repayments to be exactly the same each month and you like to budget accurately. If you’re only  considering a fixed rate loan to save interest, it's always tricky to predict the "absolute best time" to lock … [Read more...]

So, you want to help your kids purchase property?

Perhaps you’re tired of being woken by uber car doors slamming in your driveway in the early hours on Sunday mornings. Perhaps you want your third bedroom back. Or, perhaps you just want to help out your kids. Whatever the reason, we’ve been getting lots of questions lately from parents wanting to know how they can help their kids buy property. The most suitable option for you and your family will depend on your financial situation, your future plans (retirement, plans to help other children … [Read more...]

Buying property without a cash deposit

You generally need a cash deposit to buy a house. But did you know there's a way to purchase another property - perhaps an investment, or even your next family home – without using cash?  If there's available equity in your existing property and there's no issue with servicing, an equity loan might be an option. What is equity?  How is it calculated? Equity is the difference between the Estimated Market Value (EMV) of your home and the current balance on your home loan. Equity … [Read more...]

RBA Interest Rate Decision – July 2016

At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent.  Here's the statement issued by Glenn Stevens, Governor: Monetary Policy Decision. ...The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the past year, but conditions have become more difficult for a number of emerging market economies. China's growth rate has moderated further, though recent actions by Chinese … [Read more...]

Award Winning Mortgage Professionals

MO'R MORTGAGE OPTIONS