Winter 2013 1. Beating the low doc blues 2. Looking beyond the bright lights 3. Cosy shouldn't mean costly 4. Try before you buy: secrets of pre-purchase inspections 5. Economic wrap
Home Finance Centres of Australia (Hobart) has available, our Homebuyers guide, Your Home Your Mortgage.
While your lender will give you a maximum borrowing amount, it’s essential that you determine your own borrowing capacity when searching for your new home.
In this issue of Mortgage News looks at managing your mortgage in a rising rate environment, detailing a number of tried and tested strategies.
We discuss some investment property options, renovation for home sale and helping your kids buy their home, in view of recent cash rate increases.
With uncertainty surrounding interest rate movements there has never been a more compelling reason to consider the impact rates have on your mortgage.
For first time buyers, the good news is that the government has introduced a number of incentives to help you achieve home ownership sooner!
In recent times, some commentators have suggested that the Australian housing market is expensive, relative to household incomes. This has led the 'price to income ratio hawks' to suggest that a pricing correction is imminent.
Come to the Building Selection Centre this week end and talk to land agents, Builders, Mortgage experts. Find out how the Building Stimulus package can help
If you have a CBA standard variable loan the rate has just increased to 7.81% plus on going fees means the comparison rate (real cost) is 7.94%. Payment on a loan of $249,000 is $1802 per mth. (including $8 mth fee)
"While the general economic situation is strong, the expectation of increasing cash rates will be a continuing negative factor on confidence," he added. "However, if rates stay on hold for the next six months, confidence is likely to grow.&
At Home Finance Centres of Australia we believe in offering our customers not just finance, but a complete and independent home purchasing advisory service. If you are looking to purchase or build a home including owner building or an investment property, and need local advice on loan requirements or require an obligation free consultation, contact Home Finance Centres today. Free Parking Available in the Home Ideas Centre
Over 30 lenders on our Panel, some with no application fees and no ongoing fees.
- Residential and Investment
- First Home Buyers
- Refinance and Consolidation
- Reverse Mortgage
- Personal and Car
- 95% Finance
- Land and Construction (including Owner Builders Finance)
- Commercial Lending
- Credit Impaired
Also available the Home Building System exclusive to HFCA.
HFCA services for business.
- Business Cashflow lending – provides invoice financing, factoring import and business finance
- Motor finance , leasing, lodoc finance
Whats it worth? Call if you would like a free Residex Comparative Property report ($75 value)
Loan Protection available, with three months free cover.
Home insurance, with one month’s free cover.
Please contact Allan Faint of HFCAHobart.
For more information regarding home Building Systems and owner building please visit