Mortgage Brokers in Truganina, Victoria, Australia | Loan service

Mortgage Brokers

Locality: Truganina, Victoria, Australia

Phone: +61 477 107 879

Address: 19 Saturn Drive 3029 Truganina, VIC, Australia

Website: http://highfidelityfinance.com

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25.01.2022 Why are stock levels so low? House prices are rising at the fastest rate in 32 years, and while there is strong demand from buyers, one of the main factors driving prices is low stock levels. Across Australia, we’re still seeing the lowest levels of stock that we’ve seen in more than five years. That includes the most recent house price boom between 2015 and 2017.... Now that sentiment in the housing market is improving, why are stock levels so low? Transaction Costs One of the major reasons stock levels in Australia continue to dwindle, is the high transaction costs involved in buying and selling property. The main issue for many is stamp duty, which is particularly relevant in our two highest-priced cities, Sydney and Melbourne. Stamp duty is a disincentive for people to change properties, and we see this commonly with potential down-sizers who choose to stay in their current property because of the costs involved. Selling Off Market Over the past 12 months, we’ve also seen a big push from vendors looking to sell off-market. An off-market transaction occurs when a property is not listed on a real estate portal. Initially, these types of transactions began occurring because of the uncertainty in the property market. However, because of the strong demand and record low interest rates, we’re now seeing aggressive buyers looking to purchase a property before an agent lists it. Renovators Over the past decade, we have seen an increasing number of people decide to renovate their properties and upgrade. With the high transaction costs involved, when moving to a new house, it makes sense that many would prefer to put that money into upgrading their own homes. Similarly, in the last 12 months, there have been a number of government incentives aimed at getting people to renovate or build, and this has seen many choose to stay rather than sell. Returning Ex-pats Since COVID, we’ve seen many Australians who have been living overseas returning home. This specific demographic of the market is typically well-paid and prefer to own property. Because of their return, we are seeing the high-end of the property market in Australia with the largest price gains, and much of it is being driven by strong buying interest from Australians returning home Sources from Outsource Financial In a seller’s market, buyers need to be organized and act fast. Getting Pre-Approved should be your first step, and it will also make your offer look a lot stronger Call us now to get the best supports Hotline 0477107879

24.01.2022 Buying at Auction Auctions are a popular way of buying or selling but are very different from other property purchases. The biggest difference is there is no cooling off period so if a buyer is the winning bidder they are requiredto sign a contract and pay a 10% deposit on the day. ... Therefore it is extremely important for a buyer to be absolutely certain they can afford the property before they bid as they are at risk of losing their 10% deposit if they do not proceed with the purchase. Below are tips to follow before purchasing at auction: It is extremely important that buyers arrange a pre-approval for home loan finance prior to an auction so they know the maximum amount they can afford to bid and any conditions the lender would require to meet for finance. Buyers should have all inspections completed such as pest and building, prior to attending the auction so both the buyer and lender are aware of any issues. Obtaining a valuation prior to the auction should be considered as it stops buyers getting carried away and bidding more than the property is actually worth. If a buyer pays more for a property than the bank values it at, the buyer is liable for the difference. Prior to the auction, instruct a solicitor to check the contract of sale on the property so all terms are understood and there are no hidden surprises. Before auction day, buyers need to ensure they have funds available to pay the deposit, should their bid be successful. The deposit is usually 10% of the purchase price. Common methods of payment are cheque or deposit bond however buyers should check whether the vendor will accept a deposit bond prior to the auction. Lastly, don’t forget to register to bid. Buyers can do this by contacting the agent prior to auction or as they arrive at the auction. Talk with us now to get your finance ready prior the auction Hotline 0477107879 - Fidelity Finance

23.01.2022 Should you refinance your home loan during the COVID-19 crisis? Sources from realestate.com.au ...Continue reading

23.01.2022 https://www.canstar.com.au/home-loans/home-loan-offers/

21.01.2022 Victoria Business Support Fund Hình thc tr giúp dành cho doanh nghip nh, b nh hng bi coronavirus ti Victoria hãy np n trc ngày 1 tháng 6 Chính ph Victoria ã thit lp Qu H tr Doanh nghip (Business Support Fund) giúp các doanh nghip nh vt qua các tác ng do coronavirus gây ra và duy trì vic làm ca nhân viên. Qu này là mt phn ca Chng trình Economic Survival Package (Tn ti Kinh t tr giá $1.7 t ) ca Chính ph Victoria....Continue reading

20.01.2022 Stop Paying Rent Forever.... Imagine owning your own home for the same(or less) amount of money you are paying in rent As nasty as 2020 was, this could be the year you get to own your own home.... The average rent in Australia is $436 per week. That's $1887.88 a month & $22,654.56 per year. $22,654.56 that could be invested in your dream home instead of paying rent to a landlord! Lucky there is a way that you can be in your own home sooner than you think and we’d love to show you how. If you want to stop paying for Someone else’s mortgage, please call us now Hotline 0477107879 - Fidelity Finance

18.01.2022 Lowest cash rate ever! Let us make it work for you Call us Now! 0477107879 ( Kim Le)

16.01.2022 How to Bid Confidently at Auction When property markets are hot, it’s very common to see a lot of properties listed to sell via the auction process.... In the current market, we are seeing very strong auction clearance rates that are regularly above 80% in both Sydney and Melbourne, which is a clear sign of a seller’s market. For the most part, selling at auction is the best way for a vendor to get the very best price possible. Auctions encourage competition and can also be extremely emotionally charged events, meaning there is a chance a property will sell for more than it was initially valued at. If you’re a buyer at an auction, it can be a daunting process. However, there are a number of key steps you can take to make sure you can bid confidently and successfully. Be Prepared The first thing you should do, regardless of whether you intend to buy at auction, is to seek pre-approval through your mortgage broker. When you have a pre-approval in place, you will have a very clear idea of what your budget looks like and it will ensure that you don’t overextend yourself. While you’re going through the pre-approval process, you’ll also likely be able to organise the correct structure in which to purchase the property. Do Your Research The biggest trap for buyers at auction is not understanding what the property is actually worth and relying on the sales agent’s price guide. The goal of a sales agent is to get the maximum possible price for their client, the vendor. To do that, they will try and attract as many people to bid at the auction as possible. While you cannot control the final price the house sells for, you can control how you go about your research. The best way to understand what a property might sell for is to use comparable sales data. These days this information is available on a number of real estate portals, and you can easily search for sales that have occurred in the previous six months in a particular suburb. Try and identify comparable properties in terms of the type of building, age and land component. Many people leave an auction disappointed because they simply have incorrect expectations heading into the auction. While we often hear stories of properties selling for huge sums of money over and above the price guide figures, this can be very misleading. If you’re confident in your numbers, you can also put in an offer prior to auction. Be Ready at Auction When the time comes for the auction, make sure you arrive early and assess the people that you will potentially be bidding against. Just because there is a large crowd, it doesn’t mean that all the people there will be buyers, as neighbours always like to see how the property market is performing in their area. Sources from Outsource Financial

15.01.2022 RBA thit lp lãi sut c bn tháng 5 vn mc thp k lc hin ti là 0,25% bi Madison Utley t Australian Broker Ngân hàng D tr trung ng Úc (RBA) va công b quyt nh lãi sut c bn trong tháng 5.... Theo k vng ca rt nhiu ngi, ngân hàng trung ng vn gi mc thp k lc hin ti là 0,25%, sau khi gim 25 im c bn song sinh c thc hin vào tháng Ba. nh hng tiêu cc Theo mt cuc kho sát ã c thc hin bi trang web so sánh Finder, quyt nh gi t l này ã i kèm vi vic không b phiu tín nhim ca ngi dùng trên th trng bt ng sn, vi gn 60% các nhà phân tích cho thy bây gi không phi là thi im tt mua nhà. Các nhà kinh t cng cung cp cái nhìn sâu sc v qu o d kin ca giá nhà trong nhng tháng ti. Trong s các thành ph th ô, Hobart c d oán s có mc gim giá trung bình ln nht là 10,5% vào nm 2021, tip theo là Sydney mc 10,2%. Darwin và Melbourne ã c d báo s gim mnh ln lt 9,5% và 9,2%, trong ó, Brisbane, Perth và Adelaide u d kin s gim khong 8%. Các nhà phân tích d oán Canberra s có giá tt nht, vi mc gim ch 6,4% d kin. Không ch là ý kin riêng ca các chuyên gia, chúng tôi còn thy tâm lý ca ngi tiêu dùng v vic liu ây có phi là "thi im tt mua" gim t mc cao nht 60% vào tháng 7 nm 2019 xung ch còn 42% vào tháng 4, theo ông Graham Cooke, ngi qun lý có tm hiu bit cao ti Finder . Nhu cu mua và bán nhà u b suy yu trong tháng va qua khi ngi Úc chung tay giúp ngn chn s lây lan ca coronavirus. Theo ông Graham, tht nghip gia tng và bt n kinh t s góp phn khin giá nhà trt dc trong nhng tháng còn li ca nm. nh hng tích cc Tuy nhiên, nhiu hot ng c thit lp tip tc kích thích nn kinh t ang trì tr, nhng ngc li ây thi im thích hp tái tài chính c nhn mnh bi tp oàn qun lý môi gii Finsure. Lãi sut c bn thp k lc ã khin các ngi vay tái tài chính và tn dng t l cho vay mua nhà tt nht c a ra trong nhiu thp k qua. John Kolenda, giám c iu hành Finsure cho bit, chúng tôi ã chng kin s gia tng li ích trong vic tái tài chính áp ng vi COVID-19, vi lãi sut trong phm vi 2% thp. Trong khi Kolenda ã nhanh chóng kêu gi các nhà môi gii giúp nhng ngi vay ang gp khó khn tip cn các bin pháp cu tr c a ra bi a s các ngân hàng, ông cng nhn mnh c hi h tr các ngi i vay v th tài chính n nh hn. Nu bn may mn không b COVID-19 tn công mnh v mt kinh t, thì bây gi là lúc tn dng mc lãi sut thp và tái tài chính,ông nói. Gi cho chúng tôi ngay! Gii pháp tài chính ca bn Kim Le Fidelity Finance 0477107879 [email protected]

15.01.2022 HOME LOAN PROTECTION COVID-19 Death, Living and Involuntary Unemployment Benefits Not surprisingly, policyholders are reviewing their insurance policy with us. The key questions that have been asked (and there is no way to soften this) are: ... 1. Would a Death Benefit be payable if it’s a COVID-19 related death? The answer is YES, subject to the terms and conditions of the policy. 2. Would a Living Benefit be payable if it’s a COVID-19 related trauma event? The answer is YES, subject to the terms and conditions of the policy. 3. Would an Involuntary Unemployment Benefit be payable if it’s an involuntary job loss associated with COVID-19? The answer is YES, subject to the terms and conditions of the policy. In short, there are no exclusions specifically due to COVID-19. Unfortunately, it’s in times like these that we realise that life risk events are all too real with life changing health and financial impact. Please rest assured, ALI Group is here for you and your clients and we will endeavour to do what we can. If you have any questions or concerns, please call me NOW on 0477107879 (Ms Kim Le)

14.01.2022 RBA sets May cash rate at the current record low of 0.25% by Madison Utley from Australian Broker The Reserve Bank of Australia (RBA) has just announced its cash rate decision for the month of May. ... In accordance with overwhelming expectation, the central bank has held at the current record low of 0.25%, following the twin 25 basis point reductions executed in March. The bad news The decision to hold the rate has been accompanied by a non-vote of confidence in the property market, with nearly 60% of analysts indicating now is not a good time to buy, according to a survey conducted by comparison site Finder. The economists also provided insight into the expected trajectory of home prices over the coming months. Of the capital cities, Hobart is predicted to see the largest average price drop of 10.5% by 2021, followed by Sydney at 10.2%. Darwin and Melbourne have been forecasted to plummet by 9.5% and 9.2% respectively, with Brisbane, Perth and Adelaide all expected to see drops of around 8%. The analysts expect Canberra to fare the best, with a dip of just 6.4% projected. It’s not just experts, we’ve also seen consumer sentiment about whether it is a ‘good time to buy’ drop from a peak of 60% in July 2019 to just 42% in April, said Graham Cooke, insights manager at Finder. Both househunter and seller demand has weakened in the last month as Australians hunker down to help stop the spread of coronavirus. According to Graham, increasing unemployment and ballooning economic uncertainty will contribute to house prices sliding over the rest of the year. The good news Where activity is set to continue gaining steam, however, is in refinancing, as highlighted by mortgage aggregator Finsure. The record low cash rate has been prompting mortgage holders to refinance and take advantage of the best home loan rates on offer in decades. We have seen a surge of interest in refinancing in response to COVID-19, with interest rates in the low 2% range on offer, said Finsure managing director John Kolenda. While Kolenda was quick to urge brokers to help struggling borrowers access the relief measures put in place by the majority of lenders, he also highlighted the opportunity to assist mortgage holders in a more stable financial position. If you have been fortunate to not have been hit hard economically by COVID-19, now is the time to take advantage of record low rates and refinance, he said. Call us Now! Your finance solution Kim Le Fidelity Finance 0477107879 [email protected]

14.01.2022 Bài phân tích - Lãi sut vay mua nhà c nh và tính c thù Ngun t MFAA Vi lãi sut (LS) mc thp lch s nh hin nay, và nhiu ngân hàng mi chào LS c nh thp hn các LS thay i ca h, vic c nh LS cho khon vay mua nhà ca bn gim thiu nhng bin ng có th xy ra trong tng lai dng nh là mt la chn hp dn.Tuy nhiên, bn nên có cái nhìn thu áo mt c và mt trc khi bc và mt cam kt c th....Continue reading

11.01.2022 May cash rate remain at 0.25% record low

10.01.2022 Advantages and Disadvantages of Fixed Rate Home Loans While most people will typically look to take out a variable home loan, it is first worth considering what might happen with interest rates in the future and whether that means you should think about a fixed-rate home loan.... A fixed-rate home loan simply means that the interest rate on the home loan is fixed for a certain period of time. For most fixed-rate home loans, that is going to be around one to five years. However, there are a number of other factors that you need to consider apart from just the fixed interest rate. Advantages The main advantage of a fixed-rate home loan is that with a set interest rate, you will have a degree of certainty around your weekly and monthly repayments. If you have budget constraints, then fixing your home loan might be an option so you know where your finances stand each month. However, if you believe interest rates are going to rise in the future, it might be worth looking at locking in a fixed-rate loan. This will ensure your repayments remain at their current level for the term of the loan, regardless of what happens to underlying interest rates and changes from the RBA. Disadvantages While it is good to have certainty around your repayments, one of the big disadvantages of a fixed-rate home loan is the lack of flexibility. If you take out a fixed-rate loan and want to change out of it or refinance, there are likely going to be higher break costs involved than with a simple variable loan. Also, a number of the features that can save you a lot of money, such as offset accounts and redraw facilities, are typically not available on fixed-rate home loans. While you might save money with rising rates, you could have potentially saved even more if you’d had a superior loan product with more features. In the current environment with record-low interest rates, there are numerous home loans with very attractive introductory offers. If you qualify for a home loan with an introductory rate, that might be a better option than going with a fixed-rate loan. It would be more flexible, and the net result could be very similar. Finally, it’s also worth noting that actual rates that come with fixed-rate loans are often a reflection of where banks and lenders believe interest rates are headed. If fixed-rate loans have higher interest rates than comparable variable rates, it suggests lenders believe rates will rise. Even if you take out a fixed-rate home loan, your repayments might still end up being more, even if interest rates and your repayments would have risen with a variable home loan. If you like the idea of having some certainty, but you’re still not convinced about a fixed-rate home loan, then it is possible to fix a portion of your loan. That way you can get the best of both worlds. Be sure to contact us to discuss your options Hotline 0477107879

10.01.2022 RBA NO CHANGE- Cash rate has been held at its current record low of 0.25%

06.01.2022 Happy Mother’s Day to all the lovely, loving moms out there It’s definitely not always the easiest job but it is the most rewarding job Fidelity Finance

05.01.2022 Bn có nên tái tài chính khon n vay mua nhà trong cuc khng hong COVID-19? Ngun t realestate.com.au ...Continue reading

05.01.2022 The lowdown on stamp duty reform by Madison Utley | Jun 01, 2020 The conversation around stamp duty reform has gained momentum in recent weeks at both the state and federal level, with everyone from RBA Governor Phillip Lowe to Treasurer Josh Frydenberg to state politicians suggesting that land tax reform may have a role to play in Australia’s post-COVID economic recovery. ...Continue reading

02.01.2022 4 lý do nên có c chp thun cho vay ca ngân hàng trc khi tham gia u giá i u giá mà cha có nhn c s chp thun trc ca ngân hàng cho khon vay mua nhà trc tiên ging nh i mua sm mà không có hn mc hoc thm chí là không mang ví. Di ây là bn lý do ti o bn phi luôn m bo rng bn ã c chp thun t ngân hàng trc khi bn gi tay tham gia mt cuc u giá....Continue reading