Newsletter – April 2015

Things have just been crazy at Love Home Loans! And that’s exactly the way I like it. We’ve been writing new loans, re-financing, turning around applications in record speed and doing some great deals for our clients. People are excited about the property market and taking advantage of all that’s on offer. Prices are up, rates are down – things are looking good. One area that we have really seen clients enquire about lately, is people wanting to use equity from their home to buy Read More +

Auction underquoting – what’s all the fuss about?

A great article from our friends at Good Deeds, Property Buyers, about an issue that is affecting many auction bidders at the moment. Take a read… Two weeks ago the NSW State Government suddenly announced that they were doing something about agents underquoting auction price guides. Isn’t this great? Finally the buyers will know exactly what the sale price will be before they bid!! Right? Read more  

Newsletter – March 2015

This year really has started out as a bumper year in the property market. There’s lots of interest from buyers due to the low interest rates available, and supply is a little down so it’s a great time to sell. Real experts are predicting that property prices will continue to increase, particularly in Sydney, but not at the phenomenal rate they have been.  Last year Sydney property prices increased by 12.4%* , but the experts are predicting a steady 5-8% rise each year for the Read More +

Rates – where are they and where have they been

The Reserve Bank of Australia has cut interest rates for the first time since August 2013. In one of the most closely-watched policy rulings since the global financial crisis, the RBA board lowered the 2.5 per cent cash rate by 25 basis points to a new record low of 2.25 per cent.   The move was designed to further stimulate business activity and household spending in the facing of slowing growth, low commodity prices and sluggish investment. By lowering the rate at which banks can Read More +

Newsletter – February 2015

In the first meeting of 2015, The Reserve Bank of Australia announced the outcome of its board meeting and, as speculated, it has decreased the cash rate by 25 basis points. The official rate is now at 2.25%. In taking this decision it appears the Reserve Bank has reacted to growing concerns around employment, flattening property prices, affordability for first home buyers and the lowering inflation figures. This decrease is likely to spark a fresh round of competition amongst lenders so it is a great Read More +

First Home Buyers – Do you fit the profile?

Talk amongst the experts is that today’s first home buyers are different than they were. The experts say they’re clued up, cashed up, thinking outside the square and keen to buy. I’m not sure how that’s so different to how they “were” (whenever “were” was), but there are some notable changes. I do know that property affordability is getting tougher, so first home buyers are getting creative about how they buy. They’re teaming up with friends, getting help from parents or they’re buying an investment Read More +

Is 2015 the year for you?

We’ve celebrated New Years Eve, summer holidays and Australia Day. Kids are heading back to school and people are back at work. Life is resuming as normal. The real estate market is getting back into full swing and there’s continuing great consumer confidence. Will this be the year for you to buy your first home, upgrade or invest? If this if the year that you want to make something happen, call me. We can go through your numbers, figure out what you can afford, find Read More +

Did Sydney’s property market really slow down at the end of 2014?

Our friend at Good Deeds property buyers, have put together a great summary of the property market for 2014 as well as predictions for 2015.  Take a read… If you believe what you read in the media it did. If you take notice of auction clearance rates you will certainly think it did and if you listen to some selling agents it did (and certainly some suburbs seemed to slow compared to others). The thing is, statistics are useful in many instances BUT we really Read More +

Newsletter – December 2014

Hi We’ve hit that crazy time of year again! The social calendar is full, everything seems as though it has to be done NOW, and we’re all counting down the days until we can (hopefully) take some time off, or at least wind down. But don’t be lulled into taking your eye off the ball if you want to buy property! There are lots of motivated sellers still around in January, so keep your eye out and you could just snap up your dream property Read More +

Newsletter – November 2014

Letter from Michael Hi Six weeks to go!  The Christmas bells are ringing, the decorations are going up in store, party invitations are rolling in, there’s lots of reminders everywhere you look on social media – so it’s coming! And with it comes the normal slow down with the lenders and the property market in general. If you want to take advantage of incredible rates being offered by lenders (fixed rates under 4.9% for 3 years, variable at 4.8%!), it’s time to take action. If Read More +