Source expert help from your local mortgage broker prior to making an offer on any property; your Loan Market mortgage broker has access to every major bank and secure lender in Australia, and can assist you to find an appropriate home loan.
A new report released by The Council of Australian Government’s Reform Council (COAG) has revealed that Brisbane has the nation’s least affordable homes after Perth, with nine out of 10 people paying house prices that don’t match their incomes.
The report says only 9.8 per cent of Brisbane houses are affordable, second to Perth, which has only 5.5 per cent home affordability.
Also according to the report, in Brisbane "the typical home price was the same as Sydney" but there was not as much variety in the property market and "income levels were much lower than in Sydney".
It says the typical house ...
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Categories: Finance News. Tags: Borrowers, Borrowing Capacity, Brisbane, how much you can borrow.
The good news is there is still affordable housing in Australia. The bad news is that the suburbs are a short flight away from capital city centres.
Take for instance, Millgrove in Victoria. The median price for a home in that suburb is a relatively modest $218,500 with values rising 1.2 per cent in the year to January, according to RP Data.
But Millgrove, in the state's Yarra Ranges, is 61 kilometres from Melbourne's CBD.
In Sydney the most affordable suburb is Willmot with a median home price of $219,500. It's a mere 41 kilometres to the CBD, but prices ...
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Categories: Finance News. Tags: Adelaide, Brisbane, Cameron Kusher, Housing, Melbourne, Millgrove, Sydney, Victoria, Western Australia.
Anyone considering a career change would do well to consider becoming a mortgage broker, and Loan Market is running a seminar to show people what this profession is like.
The half-day seminar, to be held at Chancellor Park in Brisbane, will cover a range of aspects about the role of the mortgage broker, including the required qualifications, skills, industry associations, compliance issues, cross selling, building relationships and lead generation opportunities.
Mortgage brokers generally assist borrowers to find and apply for a home loan that is suitable to their situation and requirements, said head of new broker recruitment, ...
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Categories: Finance News. Tags: Brisbane, Career Change, Loan Market, Mortgage Broker.
The Queensland Government is proposing a $3000 sweetener for first home buyers who purchase in regional areas. The plan aims to ease pressure on the congested south-east.
The increase to the existing $7,000 grant is to be called the Regional First Home Owners Grant and Premier Anna Bligh would like the incentive to be made available by January 1.
Queensland's population surpassed 4.4 million last month, with the majority of people ...
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Categories: Finance News. Tags: Brisbane, First Home Buyers, Queensland, Steven Tozer.
Homeowners can still negotiate a lower mortgage rate despite the upward movement in interest rates, according to Brisbane mortgage broker Arleen Bhairo.
The Reserve Bank of Australia’s decision to raise official rates for the first time in 19 months – from 3.0 per cent to 3.25 per cent – has brought an end to the low interest rate honeymoon for mortgage holders.
Mr Bhairo said consumers had the ability to take their interest rate destiny into their own hands and seek a lower rate now on an existing home loan.
“Many mortgage holders are on standard variable home loans with ...
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Categories: Finance News. Tags: Brisbane, Home Loans, Interest Rates, Mortgage Brokers.
Cleared auction numbers increasing
The total number of cleared real estate auctions has increased in all of Australia’s capital cities except Brisbane during the first two weeks of October.
Figures revealed by RP Data showed Adelaide had the biggest rise, with the number of cleared auctions increasing from 29 in the week to October 4 to 46 in the week ending October 11.
Brisbane’s numbers dropped from 33 to 30 cleared auctions for the same period.
Search for property in your local area.
Source: yourmortgage.com.au
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Categories: Finance News. Tags: Adelaide, Auction, Brisbane, Property.
The Melbourne corporate office for Loan Market mortgage brokers, Australasia’s largest independently owned mortgage broker, has recently moved to Port Melbourne.
The new premises are located at 252 Bay Street, Port Melbourne, and Loan Market corporate staff can be contacted via phone 03 8554 4627.
Loan Market also has corporate offices in Brisbane, Sydney, Adelaide and Perth, along with more than 500 mobile mortgage brokers in all states and territories in Australia.
Victoria Mortgage Brokers
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[lmBroker region='Melbourne Central']
[lmBroker region='Melbourne West']
[lmBroker region='Melbourne North']
[lmBroker region='Melbourne South']
[lmBroker region='Regional Victoria']
At Loan Market, it isn’t all about numbers, our people are ...
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Categories: Press Release. Tags: Adelaide, Brisbane, Loan Market, Melbourne, Mortgage Brokers, Perth, Sydney.
Mortgage Brokers in Brisbane talk on the Brisbane Property Market.
New research suggest that the Brisbane property market, which has remained strong throughout the economic downturn, is set for an upswing after hitting a 'low' point.
Strong migration is a key reason behind the strength and predicted rise in Brisbane property.
The extension to the Boost in the First Home Owner Grant along with generous stamp duty exemptions in QLD is continuing to help first home buyers into the market.
Rental yields above the national average, along with the population boom, are also providing incentives for investors to ...
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Categories: Finance News. Tags: Borrowing Capacity, Brisbane, Fixed Home Loans, Home Loan, Investment Loan, Mortgage Broker, Property, Qld, Variable Home Loans.
Loan Market Graceville Mortgage Broker, Ian Morgans, says a good home loan can make a big difference to your quality of life.
"A home loan can be with you for a long time, so it's really important to get it right," said Mr Morgans.
"The right home loan can potentially save you thousands of dollars, and if you think about that on a month-to-month or year-to-year basis, you can see how that can make a big difference to your daily life."
Mr Morgans, who has been a mortgage broker for over 12 years, said it is largely a question of tailoring your ...
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Categories: Mortgage Brokers. Tags: Brisbane, Buying Property, Graceville, Home Loans, Ian Morgans, Interest Rate, Investment Finance, Investmeny Loans, Mortgage Broker.
