If you’ve worked for any Government Department over the last few years, you would be very familiar with the phrase, “change is the only constant.” Your Department’s probably merged with another, your area has moved to another section and perhaps despite the changes, you’re now back to exactly where you started – performing the same role as before. Boy do we know what that’s like. Over the last few years, the lending industry has seen unprecedented changes and with the Royal Commission into … [Read more...]

  Are you eager to buy your first home, but finding it hard to save a large cash deposit? There might be a few other ways you can get into your first home. Find out more in this video. … [Read more...]

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Here's part of the Media Release issued by Phillip Lowe. The Bank's central forecast is for the Australian economy to grow faster in 2018 than it did in 2017. Business conditions are positive and non-mining business investment is increasing. Higher levels of public infrastructure investment are also supporting the economy. Further growth in exports is expected after temporary weakness at the end of … [Read more...]

We're so excited to share the news!  MMO has been recognised as one of the top brokerages in Australia, securing a place in The Adviser’s "Top 25 Brokerages" ranking 2018. The Top 25 Brokerages ranking was revealed in the February 2018 edition of The Adviser, an industry publication for Australian mortgage and finance brokers. MMO was named #17 in "The Top 25 Mortgage Brokerages" ranking. This is the SECOND time we've been recognised as one of the best teams in the country!! We were the … [Read more...]

There’s been a lot of media commentary lately around the movement of interest rates. Are they going up?  When are they likely to go up? How much will they go up by? Whilst it’s difficult to accurately predict exactly what rates are going to do, there are a few tools we use to help us determine the likelihood of certain rate scenarios playing out. We want to share them with you here. Cash Rate Futures Yield Curve To get an idea of what's happening with interest rates, we like to keep an … [Read more...]

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Here's part of the Media Release issued by Phillip Lowe. Inflation is low, with both CPI and underlying inflation running a little below 2 per cent. Inflation is likely to remain low for some time, reflecting low growth in labour costs and strong competition in retailing. A gradual pick-up in inflation is, however, expected as the economy strengthens. The central forecast is for CPI inflation to be a … [Read more...]

If you're a business owner looking to buy a new car, implement the latest technology or upgrade some machinery, we can help! There are also certain situations where we can assist PAYG employees with vehicle purchases too. Just give us a call. Not only can we help you access competitive finance solutions, but we're happy to review any quote you've already received to make sure you're getting a good deal. What can we offer? Competitive rates on vehicle and equipment finance Quick, … [Read more...]

    Brendan O'Reilly has done it again!    Brendan was named as one of the top young mortgage professionals in Australia, securing 16th position in The Adviser Magazine’s, ‘Top 30 Brokers under 30" list for 2017. This is the FIFTH year Brendan's been recognised as one of the best in the business. We could not be more thrilled to celebrate this amazing achievement. If you're looking to improve your financial position this year (hint: a quick and easy way to do … [Read more...]

Life just seems to be getting busier, doesn't it? There’s always an email to reply to, a job that needs doing or somewhere we were supposed to be… 5 minutes ago. It's not surprising that the things we should be doing more regularly – like checking up on our home loans – don’t quite happen as often as they should. We know you don’t have lots of spare time. And we suspect that you'd prefer to spend the time you do have, doing ANYTHING OTHER than talking to multiple lenders, doing paperwork … [Read more...]

  How did you spend your 2017? What are your plans for 2018? Maybe we can help!   MMO Canberra Home & Investment Loans. 2017: A Year in Review … [Read more...]

  When are Variable Rate home loans a good idea? Watch this short video to find out. … [Read more...]

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Here's part of the Media Release issued by Phillip Lowe. Recent data suggest that the Australian economy grew at around its trend rate over the year to the September quarter. The central forecast is for GDP growth to average around 3 per cent over the next few years. Business conditions are positive and capacity utilisation has increased. The outlook for non-mining business investment has improved … [Read more...]

  When are Fixed Rate home loans a good idea? Watch this short video to find out. … [Read more...]

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Here's part of the Media Release issued by Phillip Lowe. Growth in housing debt has been outpacing the slow growth in household income for some time. To address the medium-term risks associated with high and rising household indebtedness, APRA has introduced a number of supervisory measures. Credit standards have been tightened in a way that has reduced the risk profile of borrowers. Housing market … [Read more...]

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Here's an extract of the Media Release issued by Phillip Lowe. Growth in housing debt has been outpacing the slow growth in household incomes for some time. To address the medium-term risks associated with high and rising household indebtedness, APRA has introduced a number of supervisory measures. Following some tightening in credit conditions, growth in borrowing by investors has slowed a little … [Read more...]