Welcome to our May Newsletter
Welcome to our May newsletter
Welcome to our May Newsletter Read More »
Uncategorized
Home Guarantee Scheme Changes
Next financial year will see changes to both the First Home Guarantee Scheme and the Family Home Guarantee. The government is planning to expand the schemes allowing more than just Australian citizens to benefit from a low deposit to purchase an owner occupied property. The government guarantee which has been in place since 2020 was
Home Guarantee Scheme Changes Read More »
Tips for buying a property unseen
With demand outstripping supply in lots of areas it’s no surprise that many purchasers are tempted to buy sight unseen. Purchasing a property this way without viewing it in person – can be risky. How many times have you viewed real estate pictures and then realising that the use of angles, wide lens and lighting
Tips for buying a property unseen Read More »
April Newsletter
We hope you had a wonderful Easter and enjoyed a treat or three with your loved ones. Homeowners breathed a collective sigh of relief this month when the Reserve Bank of Australia (RBA) kept the cash rate on hold, following the release of softer inflation figures. Meanwhile, it’s been a slower than usual start to the
Thinking of managing your own rental property?
Managing your own investment property can involve several tasks such as finding and screening tenants, collecting rent, handling maintenance and repairs, and keeping track of income and expenses. It’s important to have good organizational skills and knowledge of local landlord-tenant laws. You may also want to consider hiring a property manager or using property management software to help with the various tasks.
Thinking of managing your own rental property? Read More »
Why use a mortgage broker when refinancing?
Sticking with your bank’s 30-year mortgage is much the same – a thing of the past. There’s no such thing as bank loyalty from customers or banks anymore (if there ever was). With the cost of living going through the roof and the interest rate rises it’s no surprise that there is a surge in mortgage refinances. After 10 successive RBA cash rate increases, from a record low of 0.1% in May last year, causing a surge in home loan interest rates, the industry is seeing a staggering – 2,370 every working day in Australia.
Why use a mortgage broker when refinancing? Read More »
4 Reasons to consider investing in property now
Are you considering investing in property but feeling unsure about whether now is the right time? With all the changes happening in the market, it’s understandable to feel cautious. However, there are some compelling reasons to consider taking the plunge. The drop in housing prices may be stabilising Firstly, the drop in housing prices may
4 Reasons to consider investing in property now Read More »
Why you need a conveyancer when buying a property
Understanding all the different parties involved in buying a property can be overwhelming. There’s the real estate agent and then you need to think about engaging building and pest inspectors. Your mortgage broker (hi there!). You may have used a buyer’s agnet or even an auctioneer. Well, another important person to add to the process
Why you need a conveyancer when buying a property Read More »
7 Mistakes to avoid when refinancing
If you’re looking to refinance your existing mortgage, it’s important to understand the potential pitfalls in the process. At Fox Mortgages, we’re here to help guide you through the process and make it as stress-free as possible. With interest rates on the move, many people are shopping around for home loans. In January, external refinancing
7 Mistakes to avoid when refinancing Read More »
Mortgage interest rates: September update
The RBA increased the cash rate again by 0.5% at it’s September meeting yesterday. RBA governor Philip Lowe said in his statement that the latest increase would help bring back inflation back to it’s 2-3% target range. Lenders are anticipated to pass on the rate increase in the coming weeks. The increases to date have added an
Mortgage interest rates: September update Read More »