Many homebuyers are, not surprisingly, happy couples looking to fly the old family nest and establish their own, new residence. Without a second thought, they go through the motions of acquiring a said house in their blissful state of togetherness; often putting both names to the mortgage contract. But there are some important considerations when…
Articles by Andrew Mirams
Andrew is a leading finance specialist who holds a Diploma of Financial Planning (Financial Services). With over 32 years of experience in finance, Andrew has been acknowledged by the mortgage industry with multiple awards. Visit IntuitiveFinance.Com.Au
What will you learn? There’s a common saying that you should start most endeavours with the end in mind and this is especially true for property investment. But unfortunately, too many investors begin their journey without considering what might be the best ownership structure and wind up owning their entire portfolio in their personal name….
Interest rate bingo entails making a successful guess about when we’ll see our first interest rate rise in Australia since 2010, and for most of the year, it’s been even money that the increase will come in early 2024. Ever since November 2020, when the Reserve Bank of Australia (RBA) cash rate landed with a…
A home improvement loan is a term that is increasingly being used in Australia but is largely a US phrase that’s been imported. It describes a type of loan that is a separate product to the mortgage you might already have and is generally used to renovate a property. People may choose a home improvement…
As a mortgage broking business operating in the personal finance space, we see a large group of clients, a diverse group of clients, whose money management skills span the spectrum from those who don’t have any experience to those who have a lot. The one thing all our clients have in common is a drive…
Arranging for a property valuation prior to purchase, or a valuation on a property you already own for refinancing is relatively straightforward. That said, it’s important to understand potential pitfalls associated with a valuation so you can brace for a possibly unfavourable outcome. If you are applying for a loan from a bank, they will…
There’s a considerable amount of media interest in the housing market at present fuelled by sharply rising house prices. While this means it’s going to be increasingly challenging for first home buyers to get into the market, those already on the property ladder can look at their current home loan arrangements and make some potentially…
If you’ve been paying off your home loan for a few years and have built up some equity, it might be time to have a look at your home loan and see if it’s still the best package for you. If not, it’s time to look at your options. One of those options is to…
Buying your very first home can be both an exciting and daunting process. Navigating the maze of finance, home loans, and the property market can be challenging for even seasoned investors. So how are the newcomers meant to get their foot into the property market? The good news is there are lots of options and…
Australians are on a massive home shopping spree, borrowing to buy property at rates not seen before in this country. However, our bricks-and-mortar spendathon may be about to hit a snag as warning bells sound over soaring debt levels. Homeownership bonanza Recent ABS data has confirmed what most of us already knew – that the…