Peter Polorotoff | Public figure

Peter Polorotoff

Phone: 0405800608

Add/Update information

Reviews

Tags

• Public figure
• Financial service
• Mortgage brokers

24.01.2022 Mortgage loyalty tax... is it a real thing? Is it best to focus on the interest rate, or structure of your loan?

21.01.2022 If you’ve deferred your home or business loan then it’s likely your bank will reach out to you in the coming weeks. Here’s what to expect and what options are available to you.

20.01.2022 If you wish to take advantage of this, please get in touch with me at [email protected] to discuss your current loan(s) and how to improve your monthly cashflow position.

19.01.2022 3 Reasons to Refinance: 1. Record Low Rates - Mortgage rates are now at the lowest levels we’ve seen in history. By refinancing you could access a lower interest rate and save thousands of dollars a year. 2. Get a Cashback Rebate - Worried about the costs of changing home loans? Some lenders will give you a rebate which could cover any out-of-pocket costs. This can really help if you have a fixed-rate loan and want to change.... 3. Free-up Cash - If you’ve got equity in your home or investment property, you might be able to access it to invest in another property and grow your portfolio.

16.01.2022 It’s very possible that another rate cut is coming in October. We might be seeing a cash rate of 0.1% come October... if this does happen, there’s a good chance that there will be a further interest rate cut on variable loans before year’s end.

16.01.2022 The planned scrapping of the responsible lending laws is the federal government’s latest key initiative to boost economic recovery from the COVID-19 recession.

15.01.2022 Sept stats from CoreLogic: September marked a striking turn in housing market sentiment; consumer confidence increased, new listings rose, and six of the eight capital cities recorded a rise in home values over the month. However, falling values in Melbourne and Sydney, which make up approximately 40% of Australian’s housing stock by number and 55% by value, pushed the national reading into a fifth straight month of decline. According to CoreLogic's Head of Research, Tim Lawl...ess, Melbourne remains the main drag on the headline results. By far the weakest result across the capital cities, Melbourne housing values were down 0.9% in September. Since peaking in March, Melbourne values are down 5.5%. With restrictions starting to lift and private home inspections once again permitted, we expect to see activity lift in October. The rate of decline across Sydney’s market has been consistently easing since July, and the remaining capital cities have all returned to some level of growth. Regional markets have continued to out-perform relative to the capital cities.

12.01.2022 Strap yourself in: Australian house prices are tipped to experience a mild COVID-19 dip before surging 15% over the following two years, according to some of the nation's top economists.

12.01.2022 Some good news coming out of the media recently: Government wanting to relax the bank lending policies New rate cut coming in October?

08.01.2022 The majority of property investors are remaining upbeat despite COVID-19, with 67% believing now is a good time to invest in residential property, according to a new survey.

08.01.2022 Is it worth fixing a home loan or staying variable? What to do if you want predictability on repayments or if you lose your job... how to handle your loan then?

07.01.2022 5 reasons to use a Mortgage Broker: 1. Mortgage brokers aren’t tied to lenders or loans - Mortgage brokers are able to save you time and money by finding the right loan and lender for you. 2. They can guide you - Not only will a mortgage broker help you find the right loan, they can also help you with the homebuying process. Liaising with everyone from accountants to real estate agents, ensuring the entire home buying process is a breeze.... 3. Brokers provide a service - You don’t have to pay to work with a mortgage broker and their fees are generally covered by the lender. 4. Get approved faster - Because mortgage brokers have a strong relationship with a range of lenders, they can often get your loan approved faster. 5. Brokers help in specific areas - Many brokers are experts in different areas of specialisation, such as working with first home buyers or getting construction loans or loans for property investors. Often banks simply aren’t going to be across the different options.

07.01.2022 Like most sequels, JobKeeper 2.0 won’t be as big a blockbuster as the original. But that’s not to say it won't help many SMEs navigate the difficult times ahead. Today we’ll cover what you need to know about making the transition for your business.