Mortgage broking articles & tips

RBA Rate Decision – April 2014

Today the RBA has left the cash rate on hold at 2.5%. So that's another month where interest rate are at historical low. Now, Glenn Stevens made a parliamentary comment earlier this month, basically saying that they see a period of stable cash rate position and monetary position. Now that's good news for the general economy because what it does ...

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RBA Rate Decision – March 2014

The RBA has just announced their decision to keep rates on hold. What we have seen from the start of the year where we had lots of economists still tipping a rate reduction, and a cash rate around 2%, we are currently sitting on 2.5% and the commentary is changing. The flavor of the message from the RBA is changing from a 'we still got some furt...

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How to Mitigate Property Risks?

In my last video, I talked to you about the risks of investing in residential property and they are important things to consider. There were five of them. There was legislation risk, gearing risk, general or what I call value risk, tenancy risk, and liquidity risk. Now I want to talk to you today about mitigating those risks. Now when it comes to ...

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RBA Rate Decision – February 2014

Hello Ben Kingsley here with the RBA rates announcement just released. Cash rate remained on hold at 2.5%. The RBA will also release the minutes of the meeting which will give us a further indication in terms of how they're looking and what sort of position they are taking in terms of rates. Right now though, I think the settings are about ri...

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What are the Risks of investing in Residential Property

We can all get really excited about the prospects of creating a great passive income out of property. But one of the big things when we look at 2014 and we see all the hype around property investment is there’s still actual risk involved in investing in property. So today I wanted to share a moment with you in this time and talk about the risks t...

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RBA Rate decision – December 2013

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8 Tips to Buy in a Hot Market

I’ve been buying property on behalf of clients since October 1998 and in that time I have experienced many hot property markets.  Having moved from Perth to Queensland in 2002 and then to Melbourne in 2006 as well as travelling around the country filming Location Location Location Australia for the last 3 years, it sometimes seemed like I was of...

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RBA Rate decision – November 2013

The RBA once again has left interest rates on hold at their board meeting today. So the cash rate still remains at record low levels (2.50%). If we look at the RBA Rate Indicator at the start of November only 5% of the market watchers expected the cash rate to be reduced at this meeting. So where are the rate’s heading?... Well it’s still ver...

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RBA Rate Decision – October 2013

Although the RBA still had scope to move the cash rate lower, in line with many economists’ view that rates would continue to fall, the RBA board chose to leave the cash rate on hold at this month’s meeting today. This leaves the cash rate at 2.5%. Many economists are still talking about the cash rate hitting 2 percent at some point into 201...

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RBA Rate decision – August 2013

As heavily anticipated at its board meeting today the RBA has reduced the cash rate by 0.25% to 2.5%.  Glenn Stephen’s comments earlier this month around having ‘reasonable scope’ to reduce rates follows on from his previous comments regarding the slower than anticipated move in economic activity away from the mining sector into the general ...

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RBA Rate decision – September 2013

Not even the biggest of mug punters would have bet on a further rate cut this month so close to Saturday’s federal election.  That’s right, as expected the RBA left the cash rate on hold.  Even though the RBA is independent of any sitting government, it is fair to say the upcoming election, in my view, is something the RBA must factor into th...

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Buy Property with Zero Repayments

Wouldn’t you love to own a rental property that doesn’t cost you a cent in repayments? Imagine how nice would it be to have the investment property paying for itself and you needn't worry about skipping a weekend out to save the money needed to that next loan repayment. Well, it is possible – you just get the tenant to pay the mortgage. With ...

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What to Expect Post Settlement Re: Your Finances

So you have secured the property and settlement has just occurred.  The stress of the last couple of days is sort of behind you as you still try to get your head around the process that just took place and all the parties that made it happen, from the two banks, the two solicitors, the selling agent, the vendor, your buyers agent, your broker and ...

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