So you may have heard that the Reserve Bank announced this month that they reduced the cash rate down to 1.5% - WHOAZA! That is some cheap money!

Welcome to the end of financial year edition my blog for Naked Edge Real Estate…

If you are looking at purchasing your first home, and do not know where to start, cure your confusion today! Here are the 9 steps to purchasing your first home! It can seem daunting process buying your first home as it seems like a heavily involved process, but if you break it down into 9 simple steps, you can move from being a tenant into a proud home owner with minimal fuss!

With celebrations for the race that stops a nation in full swing, we have the latest cash rate announcement hot off the press.

The Reserve Bank of Australia has again decided to leave the official cash rate at 2.00%.

This approach was predicted by many financial commentators as the Reserve Bank continues to assess the impact of lower than expected CPI numbers, continued signs the housing market is cooling in Sydney and Melbourne and moves by the major banks and other lenders to increase their interest rates.

Even though the cash rate has remained unchanged, lenders are making daily changes to lending rates so it’s still wise for us to talk if we haven’t spoken in a while to ensure you’re still in the right finance solution.

Get in touch today to make sure you are taking advantage of daily changes in the increasingly competitive mortgage market. Feel free to call me on 0401326641 or email audrey@ashblue.com.au and I’ll be happy to sit down and go through your options.

As a first home buyer it may be a little daunting as to where to start so here are a few quick pointers for you. 

We have a lender offering a 3 year fixed rate of 3.99%p.a for both owner occupied and investment loans.

The good news is interest rates are at record lows. The bad news is the average mortgage size in most Australian capitals has hit an all-time high. The challenge for many borrowers who are used to low rates could be keeping up with payments when rates inevitably rise. Those who want to get ahead will be taking steps now to make the most of low rates so they have a buffer down the track. But if you are already feeling weighed down by debt, it may be time to lighten the load.

I am a local mortgage broker with 10 years finance experience and have access to over 1300 products and 40 lenders to help find you the best home loan for your needs. I will be providing monthly market updates, tips and hints to help secure your next home! This month,we look at best practice, by you – the buyer!