Self Managed Super Funds Archives - MO'R MORTGAGE OPTIONS

Will the RBA cut the cash rate in June? (Published 29 May 2019)

31 consecutive meetings. That's how long the RBA has kept the record low official cash rate at 1.5%. All the way back to August 2016. Will this streak remain uninterrupted? Or are we heading towards a change? Speculation has hit overdrive that the RBA will make a rate cut when it meets next week. Here we examine the main reasons we may see a cut to the official cash rate and what a rate cut could mean for you and your home loan. Inflation reasons Australian Bureau of … [Read more...]

RBA Interest Rate Decision – December 2015

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 2.0 per cent. Here’s part of the statement by Glenn Stevens, Governor: Monetary Policy Decision. Inflation is low and should remain so, with the economy likely to have a degree of spare capacity for some time yet. Inflation is forecast to be consistent with the target over the next one to two years. In such circumstances, monetary policy needs to be accommodative. Low interest rates are acting to support … [Read more...]

We can now help you with vehicle and equipment finance

Many of our clients also happen to be business owners and over the last few months, we’ve received lots of enquiries about vehicle and equipment finance solutions. After doing some homework to find the best providers, we’re happy to say we're now in a position to assist you. Whether you're looking to buy a new car, implement the latest technology in your business or want to upgrade some machinery, we can help. There seems to be a lack of transparency when it comes to vehicle and equipment … [Read more...]

Brendan O’Reilly named by The Adviser Magazine, as one of the “Top 30 Young Brokers” for 2015.

It’s been announced that Brendan O’Reilly took out #17 position in The Adviser Magazine’s, ‘Top 30 Young Brokers of the Year.’ A big congratulations to Brendan for being recognised as one of the best young mortgage brokers in Australia for the third year in a row!! … [Read more...]

Interest Rate Changes – October 2015

Citing ‘regulatory changes on capital requirements’ as the reason for the increase, over the last week we have seen most of the major lenders announce increases to their interest rates, outside of any RBA rate change. Below summarises the changes that have been announced by some of the main lenders, and when the new rate will take effect. Please note that rate increases announced this time will apply to both owner occupier and investor loans. Whilst ING has not announced any … [Read more...]

2015/16: It’s quarter time, how are we looking?

Since we're one quarter down of the 2015/16 financial year, we thought it would be a good opportunity to see how we're placed in light of the events of last year. If we look back at the 2014/15 financial year, it was certainly an interesting one. We saw interest rates fall to the lowest levels in a generation, which helped to fuel higher capital city house prices. We also saw the end of the mining boom and a fall in the value of the Australian dollar. Whilst this may have been good news for … [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...]

When is the right time for a fixed rate loan?

It’s a question we get asked quite a lot and the answer will vary, depending on your reasons for wanting to fix. The primary benefit of a fixed rate loan is that you know exactly what the repayment will be each month. You can budget accurately and feel comfortable knowing that your repayments will not increase with any unexpected rate rises. If these things are important to you, a fixed rate loan can be a good option. If you’re only considering a fixed rate loan to save interest, it can … [Read more...]