Mortgage Gone in Newstead, Queensland | Commercial bank

Mortgage Gone

Locality: Newstead, Queensland

Phone: +61 1300 873 847

Address: 18 Masters Street Newstead 4006 Newstead, QLD, Australia

Website: http://mortgagegone.com.au

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23.01.2022 Although the Federal Government plans to reduce the threshold of HECS-HELP repayments to $45,000, is paying your HECS debt sooner voluntarily ever worth it?

22.01.2022 The housing market is set for big challenges next year as prices cool and borrowing becomes more expensive.

19.01.2022 80 per cent of Australians consider themselves to be money smart, but 38 per cent don’t actually know the interest rate on their own mortgage. How financially savvy are you?

14.01.2022 Good news for First Home Buyers! The $20,000 Queensland First Home Owners' Grant (FHOG) has been extended to 30 June 2018. Previously, the QLD FHOG was due to decrease from $20,000 to $15,000 on 31 December 2017. To find out more, visit https://firsthomeowners.initiatives.qld.gov.au

08.01.2022 Although the cash rate has not moved in 15 months, mortgage rates have been creeping higher. Whether the Reserve Bank does find a way to raise interest rates in 2018 or not, one thing is clear mortgage rates are unlikely to decrease in the near future.

07.01.2022 It’s not just about a magic number of properties that will help you retire comfortably; it’s their value. But the vast majority of property investors need support and a long-term plan to understand how that rolls out over a lifetime.

05.01.2022 Households scraping by on today’s after-mortgage income may not be able to make ends meet in the future. It is easy to run up debt, but far harder to pay it back down when circumstances change. A loan-to-income ratio of six times will require a borrower to commit 50 per cent of their net income to repayments if interest rates returned to their long-term average of a little more than 7 per cent.

05.01.2022 CoreLogic’s final home value index of 2017 showed house prices across the country fell by 0.3 per cent in December, and by the same amount for the final quarter. Sydney saw prices fall by 0.9 per cent in December and 2.1 per cent for the quarter. The only capital cities to post price rises in December were Adelaide and Canberra, both seeing 0.2 per cent growth.

03.01.2022 A new report from BIS Oxford Economics has predicted an imminent end to Sydney’s inflated house prices, saying both supply and demand in the market have peaked. But while the report may point to a drop in demand for new houses, this may not lead to an actual decrease in supply for some time.