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
We keep hearing about a supposed interest rate cut that is “coming” as is it is going to miraculously fix all our spending problems and put much more money in everyone’s back pockets. Oh dear, if you really think this is the case, you are sadly mistaken! Don’t get me wrong, to pay less on…
There appears to be an increasing amount of media commentary about mortgage stress of late. This is mainly because of the “threat” of rising interest rates because, as I’ve written about before, rates can’t stay historically low forever. While most smart homebuyers and investors haven’t overstretched themselves financially – and have worked with professional mortgage…
Did you know that the banks are still in the business of lending money! Billions of dollars in dwelling finance commitments were approved in September in Australia. That’s right, according to the Australian Bureau of Statistics, tens of thousands of dwellings were financed in one single month for either owner occupiers of investors. There is no denying…
Are you one of the many Australians who interest-only property loan is due to expire soon? A large proportion of interest-only loans are due to switch over to principal and interest repayments in the next few years. While no one knows what the future holds when it comes to bank lending policy, at the moment,…
More and more Australian property investors are moving into advanced strategies such as small property development as a way to grow their wealth. Of course, property development brings with it more potential financial rewards than traditional property investment, but it is not without it risks as well. There a number of factors that you must…
Understanding the role of the property valuer is crucial to any owner or investor – particularly those beginning their journey and looking to enjoy a lifetime of real estate investment. And, according to recent reports, this cohort is on the rise. The QBE Australian Housing Outlook 2018-2021 report noted an increase in the importance of millennial buyers…
If the past few years will be remembered for anything, it may be that many Australians felt like mortgage prisoners. What do I mean by such a seemingly contrary statement? Well, the confluence of changes in the lending landscape has resulted in many borrowers being unable to refinance. New rules trapping the unwary There were…
In quieter market conditions, many homeowners opt to renovate their properties to create equity themselves. Some people call this “sweat equity” because you usually sweat a lot painting the walls and working in the garden – especially in summer! Of course, some alterations can add more value than others and there is a difference between…
With the re-emergence of the 1st home buyer it seems that it’s a new breed that’s the driving force behind this. The Millennial population, who are typically born between 1981 and 1996, represent the most influential age cohort in today’s residential property market. The Millennials are a significantly larger group than Generation X, those born between…
I wish I could start the year with good news, but it seems that the economic clouds are gathering, and the resultant storm may well be on the horizon. Why? Well still to this day APRA (Australian Prudential Regulatory Authority) have never articulated their intentions of what they were hoping to achieve so we still…
