<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1653223531561810&ev=PageView&noscript=1" />
MMO Team Photo
Home / 2017 / Archives for June 2017

Archives for June 2017

Changes to NSW Stamp Duty may affect the type of property you buy

June 2017 Earlier in June, the NSW government announced changes to stamp duty for first home buyers, creating significant savings for those purchasing NSW properties up to $800K. Also from 1 July 2017, first home buyers purchasing new and existing properties up to $650,000, will no longer pay stamp duty in NSW. And for first home buyers purchasing a property up to $800,000, there’s a potential stamp duty saving of more than $20,000. Whist the ACT Government also offers stamp duty … [Read more...]

How to choose the right builder for your dream home

Trust us when we say over the last two decades, we’ve heard our fair share of building nightmare stories. Builders creating homes with leaking roofs; builders failing to execute plans correctly; or builders who disappear completely once the project is finished. Unfortunately, building your dream home can sometimes turn into a nightmare. But it doesn’t have to be that way. Whilst nothing will ever always go to plan, taking care to select the right builder at the start of the build can … [Read more...]

Don’t pay more for your home loans

Variable rates are now anything but standard. Not only do the rates vary between lenders, but they can also vary within a lender, depending on the specific loan features you want as part of your home loan. The options you choose will determine how much interest you pay. Follow these tips to ensure you don't get caught out paying more for your home loan than you need to. Select your repayment type wisely To encourage borrowers to make Principle & Interest repayments (and actively … [Read more...]

RBA Interest Rate Decision: June 2017

At the RBA Meeting held today 6 June 2017, the Board decided to leave the cash rate unchanged at 1.50 per cent.  Here is an extract of the Media Release issued by Phillip Lowe, Governor: Monetary Policy Decision.  The broad-based pick-up in the global economy is continuing. Labour markets have tightened further in many countries and forecasts for global growth have been revised up since last year. Above-trend growth is expected in a number of advanced economies, although uncertainties … [Read more...]

Award Winning Mortgage Professionals

MO'R MORTGAGE OPTIONS