by gomcadmin | Aug 14, 2015 | Go Mortgage Blog
Q: My lender has contacted me and told me that the interest rate on my investment loan is going up, and there hasn’t even been a cash rate increase! Why is this happening, it doesn’t seem right? A: A few weeks ago I answered a question about changes to...
by gomcadmin | Aug 10, 2015 | Go Mortgage Blog
It would be great if we could take exactly what our property valuer says as the truth and not give it another moment’s thought, but let me share a story that will show you exactly why valuations aren’t often reliable. A client recently purchased a property in an...
by gomcadmin | Jul 20, 2015 | Go Mortgage Blog
Australia’s biggest banks have been forced to restrict their mortgage lending, in a move that could have big implications for the third-party channel. After warning of “heightened levels of risk” in the housing market, APRA has ordered five banks to increase the...
by gomcadmin | Jul 3, 2015 | Go Mortgage Blog
Southern investors are looking to the South East Queensland property market as Sydney becomes too expensive to gain a foothold. While the latest BIS Shrapnel report warning Sydney house prices will start to fall in 2016-2017 as interest rates start to...
by gomcadmin | Jun 15, 2015 | Go Mortgage Blog
Current talk about the future of negative gearing is unlikely to result in any changes to the system according to one investment expert. A proposal put forward by the Greens would see negative gearing scrapped and the increased tax revenue used to build affordable...
by gomcadmin | Jun 11, 2015 | Go Mortgage Blog
Banks are becoming less free and easy with their investor home loans. They are finally caving under the pressure of APRA and putting the brakes on lending to housing investors, implementing tougher policies that experts expect to remove some of the...
by gomcadmin | May 27, 2015 | Go Mortgage Blog
Most people are keen to get rid of the debt hanging over their family home, so they invest a lot of time and money paying it down – but there is a smarter (and much easier) way. Many people feel the need to be debt-free and their only financial goal is to...
by gomcadmin | Apr 27, 2015 | Go Mortgage Blog
Treasurer Joe Hockey has reinforced that there will be no changes to negative gearing, saying any changes will have “significant flow-on consequences”. Hockey’s comments came after shadow treasurer Chris Bowen raised the issue last week during an address at the...
by gomcadmin | Mar 24, 2015 | Go Mortgage Blog
Thinking about investing in property but don’t know where to start? You’re not alone. Property investment has been a popular method of wealth creation in Australia for years, but many people are apprehensive about the risks. All too often, we hear horror stories of...
by gomcadmin | Mar 2, 2015 | Go Mortgage Blog
New research reveals buying a place to live is twice as hard as it was 30 years ago; however for those who manage to get on the property ladder it is all good news from there. A comparison between cost of living in 1984 and 2014 by finder.com.au has revealed...
