Rate Cuts & Budget - What do they mean for you?

We've come across a great clip on SMH explaining the implications of May's interest rate cut and the latest budget - and how they are likely to effect you and the property market... and we're happy that it's good news!

Watch the clip to find out more

We've also got a great little tool on our website to help you calculate the difference that you could make to your mortgage by making extra repayments.  Check it out here.

If you need help with your financing, please call me on 9564 0700 or email.

Focus on features not rates

It's really easy to get caught up in the rate that your lender is charging you.  Is it competitive?  Do they move when the RBA moves?  Do they just seem to do whatever they want whenever they want?

It's hard not to get caught up in that.  It's your money!

But what is also important are the features of your home loan.  A cheaper rate may not offer you the flexibility you need.  They may also charge higher fees.  It just might not be the best matched loan to your circumstances. 

Read more about what to look for, and if you have any questions or concerns over your current home loan, please call or email.  9564 0700 or phillip.stabile@mortgagechoice.com.au

Also, check out our website for lots of great tools and tips.  www.mortgagechoice.com.au/phillip.stabile

Are you making the right rate reaction?

Refinancing has saved customers on average $10,000 each according to the latest figures from Mortgage Choice.  Lenders’ recent interest rate movements can be bewildering, which makes now an opportune time to enlist our help!

We can do a health check on you current mortgage and make sure that it's meeting your needs, at a competitive rate.

Just give me a call and we'll arrange a time to meet. 9564 0700 or email phillip.stabile@mortgagechoice.com.au.

Or check out our website for some great tools and tips.

Now is a good time to buy!

We're always looking for the best time to buy a property - and right now is looking great.  The experts are predicting another interest rate cut in the next few months, Sydney prices are defying the nation's trend and are holding steady and even increasing, the banks are competitive - the outlook is rosy!

Here's a couple of stories from SMH that make interesting reading:

• Interest rates
• Property values

If we can help you arrange finance or if you want to know how much you could borrow, please give me a call 02 9564 0700 and check out our website for great tips and tools www.mortgagechoice.com.au/phillip.stabile.

Get into the swing of spring!

The weather might be miserable outside, but the real estate market is warming up!

With interest rates down, property prices stabilising and changes to benefits received by first home buyers, there is lots of activity in the market.  There are some good properties for sale, so don't delay!  Start looking and if you get in soon, you could even be in before Christmas.

Read more from SMH "Spring Surge Blooms as Home Buyers Dive In".

If we can help secure your finance, please call on 9564 0700 or email.

There are lots of great tips and tools on our website too.

Rates on hold

Interest Rates are on hold for another month and experts are predicting that its unlikely that rates will rise this year - with some even suggesting rate cuts are possible. If the drop in 1, 2 and 3 year fixed rates are any indication, lenders appear to be favouring the latter.

If you're in the market for a mortgage or want to check you're getting a good deal, please call or email me.

Phone: 02 9564 0700

Email: mailto:phillip.stabile@mortgagechoice.com.au

Please check out our website at www.mortgagechoice.com.au/phillip.stabile

RBA leaves rates on hold

The Reserve Bank's decision to leave interest rates on hold will be a relief to property buyers and for those with an existing mortgage provides an opportunity to ensure that your current loan is still competitive across the market and meeting your individual needs.

If we can help you secure a mortgage or you want to check that you're getting a good deal, please call or email me.

Phone: 02 9564 0700

Email: mailto:phillip.stabile@mortgagechoice.com.au

Please check out our website at www.mortgagechoice.com.au/phillip.stabile