Rateseeker in Sydney, Australia | Mortgage brokers

Rateseeker

Locality: Sydney, Australia

Phone: +61 2 8006 8184

Address: Level 4, 171 Clarence St 2000 Sydney, NSW, Australia

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

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• Loan service
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25.01.2022 You will most likely be given a choice to choose a repayment cycle by your lender from weekly, fortnightly and monthly. If your loan is interest only, some lenders will only allow you to have monthly loan repayment. If you have any other questions about home loans, feel free to check out our FAQs page (https://bit.ly/3gmQqnH) or ask it in the comments!

24.01.2022 We’ve made every effort to present all the necessary information you need in the most simple and digestible way! No one wants to stare at a bunch of tables filled with numbers! Glad we could help you out in your home loan application journey, Palm. Thanks for the review!

22.01.2022 First thing’s first let’s talk about rates! At first glance, you can easily compare rates between banks and lenders just by checking their websites. In fact, seeing a lower rate with another lender is probably why you’re thinking about refinancing in the first place. A lower rate means smaller monthly repayments and even a small difference can really impact how much interest you pay!... But when you’re comparing lenders, it’s important to consider all the other factors, because lower rates won’t always save you money, especially if there are other fees involved in switching. See more

21.01.2022 Refinancing can be used for various reasons, which include but aren’t limited to: Home Renovations Reducing monthly repayments Lowering your interest rate... Cashing out your Home Equity Raise cash for another purchase (another house, car, boat etc) Access Additional home loan features (offset account, redraw facility etc.) Borrow additional funds If you have any other questions about home loans, feel free to check out our FAQs page (https://bit.ly/3357RTt) or ask it in the comments! See more

21.01.2022 Before you do anything, it’s worth talking to your mortgage broker about refinancing. Whether or not you choose to move to a different lender, you should stay with the same broker long-term (if you’re happy with their service, of course ). This makes sense for two reasons. Firstly, your mortgage broker offers you impartial and independent credit advice they’ll know your situation and whether refinancing is likely to be a good move or not. And secondly, because your m...ortgage broker has access to all the latest products and offers from a broad range of lenders (in our case, we can access 30+ lenders in our lending panel). This means they can find you the best offer for refinancing, make the process smooth for you, and help you stay ahead of the banks. If you’re thinking about refinancing, don’t hesitate to get in contact with one of our expert mortgage brokers! You can visit our website for more information (https://rateseeker.com.au/). See more

18.01.2022 Refinancing is generally a good idea for most borrowers but there are situations where switching loans just isn't worth it. For example, you should take note of the long-term costs of your possible refinance. It wouldn’t make sense to refinance your loan if it’s more expensive down the line. If you have any other questions about home loans, feel free to check out our FAQs page (https://bit.ly/3357RTt) or ask it in the comments!

17.01.2022 NEW BLOG ALERT At the beginning of October, the Federal Government released the budget for 2020-21 and established their goals of boosting economic activity and to create jobs in light of the recession. This is great news and breathes some hope into the future of the Australian economy, but what exactly does this mean for you as home buyers and SMBs?... We’ll break down the main initiatives related to the property market and business owners. Extension of the First Home Loan Deposit Scheme Removal of Capital Gains Tax for granny flats Additional support and write-offs for SMBs Read our blog (https://bit.ly/2Ghdvui) to learn more about these initiatives and how YOU CAN BENEFIT from the new budget. See more

17.01.2022 Another very common question that we get asked! The main reason why you may want to consider a fixed rate product over a standard variable is if you wish to have certainty in your home loan repayment over a period of time. Although, there are limitations to a fixed rate product. If you have any other questions about home loans, feel free to check out our FAQs page (https://bit.ly/3nNVtB5) or ask it in the comments!

16.01.2022 Refinancing can help you save money and own your home sooner however there are costs involved in refinancing from one lender to another lender. If you have any other questions about home loans, feel free to check out our FAQs page in the link in our bio or ask it in the comments!

15.01.2022 3 STEPS TO FINDING THE BEST HOME LOAN RATES 1 Tell us what you need help with 2 Compare low home loan rates 3 Seek approval ... It’s that easy! We’ve simplified the loan application process so you get faster approval and faster settlement. Visit our website (https://rateseeker.com.au/) to view the sharpest home loan rates using our leading online platform now, or speak to one of our mortgage experts. See more

14.01.2022 READ THIS BEFORE APPLYING FOR A HOME LOAN! Preparing your home loan application can be an incredibly overwhelming task, especially when some lenders are asking for an endless amount of paperwork! It is so important to ensure your application is ERROR-FREE - now more than ever, due to the tighter lending policies during COVID-19. Making mistakes in your home loan application could result in the delay of your approval or reduce the possibility of even getting the... loan approved! In our blog, we outline the 12 most common mistakes homebuyers make when applying for a home loan and how you can avoid these mistakes so you can secure your home loan hassle free. If you want to boost your chances of securing a home loan now or in the near future, then check out our blog- https://bit.ly/2FdhiIw See more

13.01.2022 NEW BLOG Earlier this week, NSW State Treasurer Dominic Perrottet proposed one of the BIGGEST changes to the way Australians have been taxed on property. Stamp duty will be REPLACED with an annual tax based on the value of their land.... This change is especially important for many buyers as it removes a barrier to purchasing that many had considered very significant. So how would this new land tax work? Under the proposed plan, buyers who opt to pay this will be required to pay an annual tax based on the value of their land. This needs to be paid every year for the entire duration that they own the home. The NSW Treasury has released a table that breaks down the potential property tax rates for different property types, which you can refer to on our blog (LINK IN BIO). Note that these are only proposed changes and the NSW government will be gauging community feedback before going forward with this proposal. Check out our blog (https://bit.ly/3nCoD57) to learn more. Follow us to stay up to date on the latest updates on the stamp duty tax, property news, buying and refinancing advice. Amidst these proposed changes, it’s more important than ever to work with a mortgage broker when buying or refinancing a property. Contact us today for an obligation-free consultation. See more

12.01.2022 Thanks, Tim! You let us know what it is you’re looking for and we’ll help you out! Whatever your home loan goals are, we’ll find a way to help you reach them. That’s our guarantee!

11.01.2022 Get that dream home you’ve always wanted! Our experienced mortgage brokers will guide you through the entire home loan application process. We’ll ensure you get the absolute best rates that fit your situation.

08.01.2022 IS YOUR MORTGAGE DEFERRAL DEADLINE APPROACHING? Due to the ongoing effects of COVID-19, many Australians are still facing difficult financial circumstances. With the deadline for mortgage deferrals approaching, many Australian homeowners are left thinking, where to from here? Not to worry, we’ve compiled a list of 7 things you can do to alleviate the pressure of the incoming deadline. Our blog identifies the options you have and how you can go about executing thes...e options. Check out our latest blog (https://bit.ly/3hPX6K7) to learn more! At the end of the day, everyone’s situation is different. The best course of action is to consider seeking advice from a qualified and experienced mortgage broker. Feel free to contact us (https://bit.ly/35XplEk) if you’re in need of help. Our team will assist you in evaluating your options to find the best solution that fits your financial situation. See more

08.01.2022 We tailor home loans to you! All you need to do is tell us a little bit about yourself and we’ll show you which lenders are perfect for your UNIQUE situation. No guesswork - just expert advice. Contact us today and let us help you out

06.01.2022 So now that you know the difference between a principal and interest loan and an interest-only loan, how do you know which type is right for you? Unfortunately, there isn’t a ‘one size fits all’ answer to this. It all depends on your situation, goals and the level of risk you’re comfortable with. Choosing the right loan set up can greatly influence your financial position in 20 years’ time so it is crucial to choose the right one. Note, you can always change your loan... set up at some time down the track so don’t fret if you think you will be locked in for the duration of the loan! Contact us or visit our website to compare your different loan options and see which loan fits your circumstance. See more

06.01.2022 Saving a deposit to buy your first home can be quite daunting and purchasing an affordable first home can be an even greater challenge. In response to this affordability issue, the Federal Government has introduced the First Home Super Saver Scheme (FHSSS) to help Australians buy their first home. So, how does it work? Under the scheme, you can make eligible, voluntary contributions into your superannuation which you draw on to help with the purchase of your first home.... There are limits to how much you can contribute to your superannuation. Contributions must be voluntary which does not include a compulsory super guarantee by your employer Singles can contribute up to $15,000 per year or $30,000 per lifetime limit to their superannuation. Couples can contribute up to $30,000 per year, up to $60,000 limit collectively. (Not all superannuation will participate in this scheme so it’s best to check with your superannuation before implementation) In order to be eligible you must be 18 years or older, have never owned a property before and have never previously requested a release authority in relation to an FHSSS determination. If you’d like to learn more, drop a comment, send us a DM or contact us. See more

05.01.2022 NEW BLOG Looking to secure your first home? As part of the latest federal budget, the Australian Government has made an extra 10,000 available spots under the First Home Loan Deposit Scheme (FHLDS), specifically for eligible first home buyers purchasing new homes- the New Home Guarantee (NHG).... The NHG grants eligible first home buyers the opportunity to purchase a newly built dwelling or build a new dwelling with a deposit as low as 5% of the property value. If you’re in the market for a new home in the near future, this is definitely something you can benefit from! As you would expect, beneficiaries will have to meet a specific criteria. Price caps for properties for the NHG are also different to those of the FHLDS. Read our blog to learn more: https://bit.ly/39x26mB Our blog covers all the details and outlines the lenders who are part of the NHG. If you or someone you know is serious about purchasing a home and want to take advantage of this incentive, be sure to contact us. See more

04.01.2022 We keep the home loan process simple and easy for our customers; the way it should be! We understand that everyone’s situation is different so we do our best to provide our customers with various strategies when it comes to investing or purchasing a home. We will always outline the pros and cons of each strategy and at the end of the day, the final decision is yours. Thank you for the review, Peter!

03.01.2022 HELD The Reserve Bank of Australia (RBA) has kept the official interest rate at 0.10% following November’s historic cut. While the RBA board believes Australia’s recession is now over, they want to support the economy’s recovery by holding the rate at its record low.... Speaking after November’s board meeting, RBA governor Philip Lowe revealed that the bank does not expect to increase the official cash rate for at least 3 years. This is a great opportunity for would-be borrowers to secure a competitive home loan rate on a new property. Contact us for an obligation-free call and learn how you can benefit from this announcement. See more

03.01.2022 Before you switch loan providers, you need to look at the fine print! What are the penalties for prepaying on your current home loan? And what terms and conditions apply if you switch to your new provider? Looking at the details can help you compare apples with apples so you know exactly what you stand to gain/lose from your switch.

02.01.2022 Most features are the same between an investment loan and a home loan. Some lenders apply different interest rates on investment loans- usually higher if there is more risk associated with it. A key difference between an investment loan and a home loan is that interest on an investment loan is 100% tax deductible which can be used to offset your rental income.... If you have any other questions about home loans, feel free to check out our FAQs page (https://bit.ly/334SEm3) or ask it in the comments! See more