by gomc-admin | May 8, 2023 | Go Mortgage Blog, Go Mortgage Loans, Go Mortgage Services
What is refinancing and why would you refinance your home loan? Are you a home owner looking for ways to make the most of your mortgage? If so, refinancing may be an option worth considering. Refinancing essentially entails taking out another home loan that pays off...
by gomc-admin | May 3, 2023 | Go Mortgage Blog, Go Mortgage Loans, Go Mortgage Services
What is the difference between Fixed versus variable rate home loans ? Are you looking to buy a home, refinance your current loan or become an investor? How do you decide between getting a fixed or variable rate loan? This is one of the biggest decisions for borrowers...
by gomcadmin | May 2, 2023 | Blog
The Reserve Bank of Australia (RBA) today announced the cash rate will move by .25 percentage points to 3.85%. This follows the release of inflationary data last week that showed annual inflation had cooled slightly in the March quarter (7%) compared to the December...
by gomc-admin | Mar 16, 2023 | Go Mortgage Blog
The official cash rate has gone up eight times this year, but it hasn’t increased Brad and Vicky’s mortgage repayments at all. Like many borrowers, they locked in an ultra-low fixed rate 2 years ago on their $600,000 mortgage. However, they are worried about how...
by gomc-admin | Mar 6, 2023 | Blog, Go Mortgage Blog
“Pinch me I’m dreaming” was a line used by one of our newest and very happy approved first home buyers recently… and this is exactly how we felt last night when we attended the annual Better Business Awards in Brisbane and Go Mortgage won Best Regional Office and...
by gomcadmin | Jan 16, 2023 | Go Mortgage Blog
Residential construction costs have increased at a record annual rate, according to the CoreLogic Cordell Construction Cost Index. Home building costs in the September quarter were 11.0% higher than the year before. That was a sharp increase on the 10.0% increase in...
by gomcadmin | Jan 16, 2023 | Go Mortgage Blog
Many homeowners set up their home loan repayments to automatically be debited from their account – knowing they are slowly chipping away at their debt without needing to put much further thought to it. But when is a good time to refinance your home loan? However, this...
by gomcadmin | Nov 1, 2022 | Go Mortgage Blog
The Reserve Bank of Australia (RBA) today increased the cash rate for the seventh month in a row. The cash rate increased from 2.6% to (2.85%?). Australians are feeling the pinch as interest rates rise across the board. Whether paying off a mortgage or saving to...
by gomcadmin | Aug 29, 2022 | Go Mortgage Blog
Getting pre-approval for your home loan can give you an understanding of your borrowing power and confidence your lender is satisfied with your preliminary application. It means it is time to get out there to find your home. To help you on your way, here is a quick...
by gomcadmin | Aug 4, 2022 | Go Mortgage Blog
Whether you are just beginning your property-purchase journey, or adding to your portfolio, a common stressor is determining how much to offer and how to put your best foot forward when there is competition. As we arguably enter a slightly better buyers’ market than...