The ins and outs of pre-approvals
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…
Interest Rate Surprise: Some Fixed Loans Getting Reduced Rates
With the focus on rate rises, you might not have noticed that some lenders have reduced rates on fixed-rate loans. Variable rates are likely to continue to rise in…
When is a good time to refinance your home loan?
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…
Positive and Negative Gearing: Pros and Cons
If you invest in property, it could be positively or negatively geared. And it has nothing to do with mechanics or engineering. It refers to whether the income you receive…
Guarantor Home Loan – How do They Work?
A guarantor could enable you to purchase a property sooner and potentially save thousands of dollars A guarantor may use the equity in their home as security, allowing you to…
Rate Lock: How Does it Work?
You’ve found the property. Your broker has helped you find the right loan with a competitive interest rate and all the features you want. You’ve completed the application and now…
Cash Rate Rise: What Does it Mean for You?
The Reserve Bank of Australia (RBA) today announced the cash rate increased from a record-low 0.1% to 0.35%. This is the first time the RBA made a change to the…
How Does the Annual Budget Affect You?
The 2021-22 budget has now been released. There’s a lot of talk and we want to help break down the key initiatives targeting home ownership which could help you get…
Bridging Loans (Aka Relocation Loans)
So what exactly is a relocation loan? It’s exactly what the name implies. A loan that helps you purchase a new home whilst you wait for a buyer to purchase…
The Federal Government’s First Home Loan Deposit Scheme
The First Home Loan Deposit Scheme (FHLDS) is an Australian Government initiative to support eligible first home buyers to build or purchase a new home sooner. The government scheme for…
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MC Mortgages was established with one clear goal: to be more than just brokers. With this compelling vision in mind, we have created a brokerage that is focused on looking beyond the customer’s initial request and taking a holistic approach to all their needs.
Recent Articles
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Using Home Equity in Australia: What It Is and How It Works
Home equity is often the single biggest financial asset most Australian homeowners have, and it can be used in genuinely different ways depending on your stage of life. For some,…
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Conveyancing and Settlement in Queensland: What Buyers Need to Know
Conveyancing is the legal process that actually transfers a property from seller to buyer, and in Queensland it works differently to most other states. Understanding how it fits together, and…
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Property Valuation and Appraisal: What Brisbane Buyers Need to Know
If you’ve ever wondered why a bank’s valuation of your property doesn’t match what you paid for it, or what a real estate agent’s appraisal is actually worth, you’re not…
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