Craig Browne in Glenelg, South Australia | Property

Craig Browne

Locality: Glenelg, South Australia

Phone: +61 408 879 220

Address: Suite 5, 1st Floor, 3-9 Gordon St. 5045 Glenelg, SA, Australia

Website: http://www.pmrfinancial.com.au/

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25.01.2022 BUYERS GIVE VOTE OF CONFIDENCE TO THE PROPRTY MARKET Australians are showing more confidence in the property market, new auction figures have revealed. There were 14,216 auctions held in the capital cities during the September quarter, according to CoreLogic. That was up from 13,783 in the June quarter.... The clearance rate (the percentage of properties put up for auction that actually sold) also rose, from 47.9% in the June quarter to 59.2% in the September quarter. The clearance rate statistics from the different markets were: Canberra = 78.8% from 746 auctions Tasmania = 64.3% from 14 auctions Sydney = 63.1% from 8,147 auctions Adelaide = 62.2% from 734 auctions Melbourne = 51.0% from 3,320 auctions Brisbane = 44.5% from 1,057 auctions Perth = 28.6% from 198 auctions Why did the auction statistics improve in the September quarter? It probably reflects growing consumer confidence, with Australia increasingly getting on top of the coronavirus problem.

24.01.2022 MORE FIRST HOME BUYERS GET MORTGAGE HELP The federal government has doubled the number of openings for its popular First Home Loan Deposit Scheme. When the scheme started in January, only 10,000 eligible first home buyers were able to participate each financial year. That has been increased to 20,000 for this financial year.... Under the scheme, the government acts as a guarantor for eligible first home buyers, allowing them to: Take out a mortgage with just a 5% deposit Skip the usual requirement to pay lender’s mortgage insurance (LMI) The scheme includes 27 participating lenders who are now accepting applications. To be eligible, you must earn no more than $125,000 for singles and $200,000 for couples. Also, you must purchase a home under the price cap, which ranges from $250,000 in regional South Australia to $700,000 in Sydney. Property and finance can be complicated, so don't be afraid to ask questions. You can call me any time you need help.

24.01.2022 ADELAIDE HOUSE PRICES CONTINUE TO RISE House prices fell by 2% across Australia while Adelaide continues to enjoy growth during the June quarter 0.2% quarter ...on quarter and 3.0% year on year. Have you been holding off on presenting your home to market the for sale? Don’t delay and take advantage of the large number of buyers fighting over the limited number of homes for sales resulting in great results for sellers. Want to know how your home would fair in the current market? Reach out today by SMS or calling 0411 513 352 or email [email protected]

23.01.2022 Another win for borrowers! In short it looks like in the not too distant future banks won’t be scrolling through every little expense on your bank statement and scrutinising it. This means quicker approvals and more importantly a little more privacy for the borrower.

22.01.2022 This is why everyone needs to review their home loan every few years. Call your local broker and ask them to conduct a financial health check for you. Don’t have a broker? Shoot me a message and I’m happy to do at no charge

20.01.2022 Another happy client

20.01.2022 Property investors receive encouraging news Rental vacancies fell between April and May, despite fears cash-strapped tenants would abandon rental properties due to COVID. Across Australia, the vacancy rate decreased from 2.6% in April to 2.5% in May, according to SQM Research.... Looking at the different capitals, vacancy rates fell in Brisbane, Perth, Darwin and Hobart, were flat in Adelaide, and rose in Sydney, Melbourne and Canberra. One cause for concern, though, is CBD vacancy rates, which are very high.

19.01.2022 Aussies eyeing up regional move COVID-19 has changed the housing preferences of many Australians, according to a new survey of nearly 1,100 property investors. The PIPA Property Investor Sentiment Survey found coronavirus has made 17% of respondents consider moving to another location.... Of those who are thinking about moving, the most popular reasons were: Improved lifestyle = 78% I will be working from home in the future, so I can live anywhere = 46% Housing affordability = 40% I don’t want to live in a crowded city any more = 28% Money is not the most important thing to me any more = 16% So it’s no surprise more Australians are thinking about buying property in regional markets. The survey found 22% of respondents believe regional markets are the most appealing place to buy right now compared to 15% in last year’s survey. If you’re considering moving to a regional area, I can help you calculate how to fund the move.

18.01.2022 As mentioned before its the perfect storm to get into real estate with low interest rates & flat housing prices. For 1st Home Buyers we have a builder that will contribute toward your deposit PLUS the First Home Owners Grant from the government means you can get into your 1st home for as little as $3500. For Investors we have a buyers advocate that scours the country for purchase or development opportunities that will maximise your investment return.

16.01.2022 Another happy 1st home buyer!! Well done Blake & Tamika. It was a 6 month mission but we got there

13.01.2022 LOYAL BORROWERS CHARGED EXTRA ON THEIR MORTGAGE Staying loyal to your bank could cost you thousands of dollars, according to the new Reserve Bank of Australia data. At the end of August, there was a gap of 0.29 percentage points between existing variable owner-occupier mortgages and new ones.... Existing owner-occupiers were being charged an average of 3.21%, while new borrowers were being charged 2.92%. There are two ways you can avoid paying this 'loyalty tax': Negotiate a rate cut with your existing lender Refinance to a new lender with a lower-rate loan If you do refinance, make sure the loan you're switching to doesn't revert to a higher interest rate at a later date. Banks compete hard for new customers, but sometimes take existing borrowers for granted, so the longer you stay with one lender, the more likely it is your loan is uncompetitive. If you’ve got a steady income and you’ve built up equity in your home, you could potentially refinance to a loan with a lower interest rate and lower fees. WANT HELP TO FIND A LOWER RATE?

13.01.2022 GOOD FEEL STORY! Just helped a couple who have been on the ' Home Loan Carousel' for the last 25 years. With 70% still owing on their home and their working life stopping in about 10 years - the Australian dream of owning their home before retirment looked like a pipe dream. The thing that was hurting was large credit card debt and personal loan debt. Although all their loan repayments were managable - they were not getting in front. When you have large credit card debt @ 18... - 19%, its impossible to get in front. You can only tread water.... The key was to consolidate the credit card & personal loan debt into the home loan (which of course is a much lower interest rate). Simple enough (so I thought??). The sticking point was one of them had only started being self employed in the last 12 months and didnt have a full financial year return yet. (Most lenders wont look at a self employed person until they have 2 financial year returns!) After much research and negotiating I was able to secure a lender that would provide the loan AND consolidate the credit card debt at a rate under 4%. Long story short - this couple are now going to save over $1000/mth in loan payments. That extra $1000/mth they will now pay straight onto the Home Loan as extra payment. Projected House pay off time is 10 years. Just at retirement. JOB DONE! Phone Call to Craig = $0.20 Documentation Printing = $5 Misc Costs = $2 Paying your home off in 10 years = PRICELESS See more

11.01.2022 Hi everyone. I have decided to create a dedicated page for my brokering updates, stories & activities. 1st quick note is that I'm sure you've heard about the Reserve Bank dropping interest rates by 25 basis points for the 2nd month in a row. Unfortunately the 'Big 4' banks havent passed on the full 50 basis points drop we've had. However there are other well known lenders who have got incredible rates at the moment some with rates in the 2's (First time in history!). Want to ...know more - give me a call on 0408879220. Always happy to have a chat And by the way - Have a great day! See more

10.01.2022 Another Happy Customer!

07.01.2022 As brokers, we have been offering customers these rates for nearly 6 weeks. It’s great to see the media has finally caught in! Ps watch this space - might even go lower......

05.01.2022 If you’ve been thinking about it - now is the time to get into the property market!

03.01.2022 It’s only early days but certainly a good sign. If you’re thinking of buying or investing into property. Now is the time to pounce!

01.01.2022 If anyone has a home loan - this is a very good article. Although it is a self promotion - the statistics mentioned are scarey. We promote this product to anyone getting a loan because its so affordable and we know that if anything unexpected happens (health or employment) at least our clients wont lose their house

01.01.2022 For all those people who thought they couldn’t afford to buy a home - now is the time to explore what is possible. You might be surprised....