Mortgage Choice - Glenn Petrakis

27/09/2022

One of the key decisions in selecting a home loan is the choice between a fixed or variable rate. Now with interest rates on the rise, we are getting a lot of questions about which option is more favourable.

The answer is - it depends on your personal circumstances!

Speak to your local broker, we’ll find a solution that’s right for you.

22/09/2022

City or country? Here’s a few things to consider when buying an investment property:

1. Affordability - regional locations can offer greater buying power
2. Capital growth – city properties are typically in high demand as they are close to jobs, but some regional areas offer exceptional employment opportunities and are experiencing huge population growth – so do your research!
3. Travel – are you willing to travel for inspections and maintenance, the costs add up, keep this in mind.

Also weighing up investment loans? Contact us today and we will find a solution that’s right for you.

15/09/2022

A redraw facility is a home loan feature that is attached to your mortgage and gives you the opportunity to make extra repayments on your home loan – which helps to reduce the interest costs.

You then have the option to ‘redraw’ the extra funds you have paid into your mortgage if the need arises.

Contact us today and we’ll find the solution that’s right for you.

12/09/2022

If you’re ready to take the next step towards home ownership this spring, ensure you have a mortgage broker on your side.

A broker can guide you through the buying process, help you get pre-approval, negotiate with lenders on your behalf and take care of a lot of the paperwork.

When buying a home, remember – we’re here to help you.

Contact us today.

08/09/2022

Here’s five ways you can prepare for your home to hit the market and make an impact this spring!

1. First impressions count – consider a coat of paint to ensure your home has curbside appeal
2. Spring is the time your garden flourishes, but so do weeds - maintenance is a must
3. Prepare your interiors for inspections – clear clutter, keep it light and bright
4. Get your finances in order for your next move
5. Speak to your local mortgage broker

Remember, we’re here to help – contact us today

06/09/2022

Buyers and sellers have been gearing up for what’s traditionally the busiest time of the year for property, the spring selling season.

Now with spring upon us, here are the latest property price predicitions.

Buyers and sellers are gearing up for what’s traditionally the busiest time of the year for property, the spring selling season. But as rising interest

03/09/2022

Wishing all the Dads out there a very Happy Father's Day – from our family to yours!

01/09/2022

An offset account is a transactional account, that is linked to your home loan. The balance held in this account offsets the balance in the mortgage, helping you to reduce the interest paid and potentially reducing the overall term of the loan.

Contact us today and we’ll find the solution that’s right for you.

22/08/2022

QUICK TIPS: Optimise your saving efforts.

1. Establish a budget and set a savings goal.
2. Look at your bank statements and review items like memberships, phone plans and subscriptions.
3. Consider using a savings account or a term deposit to get your money working for you.
4. Set up automatic payments to your chosen savings account.

Contact us today for more helpful tips on saving for a deposit.

19/08/2022

Stamp duty is a state government charge incurred by a buyer when purchasing a property.

The cost varies by state and is impacted by the value of the property you purchased and your eligibility for first home buyer savings.

Contact us and we’ll guide you on the costs involved in buying a home and your home loan options.

16/08/2022

It’s obvious that lenders want customers who are not only low risk, but reliable borrowers. So, what factors do they take into consideration when deciding to approve your loan?

- Your credit history
- Your income
- Your assets
- Your expenses
- Your liabilities
- Your savings history

Contact us today and we’ll guide you through the loan application process.

12/08/2022

It’s been a turbulent start to the new financial year for anyone hoping to save a bit of money.

Inflation is already high and the Reserve Bank of Australia expects it will hit 7% by the end of the year, meaning everyday essentials like food, electricity and even your daily flat white could become more expensive in the months ahead.

Read more to find out what you can do to get ahead on your savings goals this year.

It's been a turbulent start to the new financial year for anyone hoping to save a bit of money. Inflation is already high and the Reserve Bank of