MortgageMarket’s Post

A developer required an urgent cashout to complete a project after extensive delays due to unforeseen circumstances. He also sought to refinance his high-interest existing mortgages, which were approaching expiry. We facilitated a solution that escalated the building’s completion, plus enabled the borrower to pay substantially less for his mortgages. Find out more in this short video from NSW Relationship Manager, Narine Kalloghlian Aquamore Finance #mortgagebroker #financebroker #privatelender #commercialfinance https://lnkd.in/gpu4a4XG

The landscape of fixed-rate home loans in Australia has shifted significantly, reflecting a departure from the sub-2% rates previously available. Specifically, the current lowest fixed rates offered start at 5.79%, and for those considering loans from the major banks (commonly referred to as the Big Four), the rates begin at 6.49%. This upsurge in rates underscores the need for potential borrowers to continually monitor the market and compare available loan options, as rates can vary widely between lenders and are contingent upon various factors, including loan termsand deposit percentages (finder.com.au) (mozo.com) A broker like myself can review your Income and provide your options. Simple refinance is still an option ' where you can refinance to lower rates without reference to your income ' so if you income has changed and you don't qualify the regular way ' you can still reduce your monthly repayments. https://lnkd.in/g9AgdKu9 https://lnkd.in/gBJxs2sT #buyinvestlive

🌳 Is a bush or bay change on your bucket list? 🏝 ⁣ ⁣ A surging number of city-slickers are heading to the bush or bay, latest CommBank research shows. ⁣ ⁣ Metro to regional relocations are now 20% higher than pre-Covid. 😮⁣ ⁣ Part of the appeal is affordability. ⁣ ⁣ National regional home prices are $626,000 on average, compared to $864,000 across state capitals. 🤔⁣ ⁣ That’s a potential saving of $238,000. 👍⁣ ⁣ That can also translate to a $1300-$1600 difference in home loan repayments each month, depending on the loan term, interest rate and deposit amount (wouldn't that be nice?).⁣ ⁣ So if you’re hankering for a home among the gum trees, talk to us about a tree or sea change home loan. 👇⁣ ⁣ To find out more, contact Stax Home Loans on: ☎ – 0401 032 868 💻 – ollie@staxhomeloans.com.au Cheers OIlie! 😄 #StaxHomeLoans #SunshineCoastHomeLoans #SunshineCoastFinance #PeregianHomeLoans #CoolumHomeLoans #CoolumFinance #NoosaHomeLoansNoosaFinance #Peregian #Coolum #Noosa

The Financial Services Regulatory Authority (FSRA) is stepping up its game! In a new plan aimed at enhancing consumer protection, FSRA is tightening oversight on private mortgages. This means more transparency and security for borrowers, ensuring that you can make informed decisions when it comes to your home financing options. Ready to take the next step in your homeownership journey? Contact us today! #MortgageNews #FSRA #PrivateMortgages #GetHomeMortgage #ConsumerProtection

Looking for expert advice on mortgages? Look no further. Our team of experts is here to provide valuable tips and insights to guide you through the homebuying journey. Contact us today for a personalized service! 💼🔑 #MortgageTip #OMGLending #FinancialGuidance #RealEstateFinance #HomeLoanOptions #ExpertAdvice #HomeownershipJourney #DebtManagement #FinancialFreedom #MortgageApproval #CreditScore #PersonalFinance

Dreaming of a new home? The 2024 Conventional Loan limit might make it a reality! Check if your area qualifies and take that first step toward homeownership! Message me for more info. #NewLoanLimit #2024ConventionalLoan #CapStarBank

🔔 Great news for homeowners! Starting November 21, OSFI will no longer require a stress test when switching uninsured mortgages. If you’re renewing with at least 20% equity, you can change lenders without having to re-qualify at a higher rate. This gives you more options to find the best deal and save on interest! 💸🏠

In a market where mortgage rates hover around 9.5%, many find the idea of a 20-year debt daunting. But home ownership is evolving. ✔️ KMRC financing - Affordable rates for properties below 10M KES. ✔️ Rent-to-own schemes - Manageable monthly payments without a traditional mortgage. ✔️ SACCO options - Tailored to flexible income streams. Kenya’s real estate landscape is adapting to meet diverse financial needs, making property ownership more accessible than ever. 📹 Watch the full video to explore the options and find out which approach suits you best. #RealEstateKenya #MortgageTips #HomeOwnershipJourney

Chancellor Rachel Reeves has just delivered Labour’s first budget since 2010 but what does this mean for mortgages? She announced that there will be an increase of 2% to the stamp duty land tax (SDLT) surcharge on second homes and investment properties taking it from 3% to 5% effective from Thursday 31st October 2024. Furthermore, the Bank of England’s Monetary Policy Committee (MPC) next meeting is on Thursday 7th November. There has been speculation that there will be a base rate drop however following the budget, we will await the committees decision with our fingers firmly crossed. *Your home may be repossessed if you do no keep up repayments on your mortgage* ✉ hello@switch-fs.co.uk 📞 01276 535488 #mortgage #mortgages #mortgagebroker #switchfs #remortgage #mortgageadvice #mortgageadviser #mortgagerates #mortgagespecialist #interestrates #firsttimebuyer

🏠 Exploring Buy-to-Let Mortgages 📈 | From understanding tax implications to choosing the right financing, get the essentials on investing in rental properties. 💼 Speak to an expert and make informed decisions. 🗝️ #RealEstateInvesting #BuyToLetTips Your home may be repossessed if you don't keep up repayments on your mortgage. Mondo Mortgages is a trading style of Fort Advice Bureau which is regulated and authorised by the FCA to conduct Mortgage and Protection business, FRN: 972730