Wednesday, January 23, 2008

Benefiting From A Single Point of Contact

A single point of contact for your borrowing needs creates benefits in terms of time, convenience, choice and trust.The role we can play in meeting your borrowing needs is now being extended to a much wider field than before. Over recent decades independent mortgage brokers and finance businesses such as ours have changed the face of home loan lending in Australia. Twenty years ago independent mortgage businesses were a factor in only a small proportion of all mortgages arranged. Now they play a part in a growing proportion of the market and this shows that brokers have something real to offer.

Start Saving on Your Mortgage

Interested in wiping thousands off your mortgage bill and years off your loan? It's an appealing prospect and the good news is that most of us can achieve these savings simply by looking at ways we can pay off our mortgage sooner.Early repayments, extra repayments and more frequent repayments are all effective ways of lowering your interest bill and reducing the life of your loan subject to the terms and conditions of your loan.

Benefits for First Home Owners

The upfront costs of buying a home for the first time might seem a little daunting, but fortunately there are a number of government benefits that will help you reduce these costs.The First Home Owner Grant is the most well-known of these. Since it was introduced by the Federal Government on 1 July 2000, it has helped make home ownership a more affordable dream for many. The grant entitles first home buyers to a one-off payment of $7,000 which may be available at settlement of your purchase. It is applicable Australia-wide, whether you buy or build, and irrespective of your income or assets provided the property is used as your principal place of residence.

A Toast to the Economy

There's no better time to be living, working, investing or building a business in Australia. Despite the rise in interest rates, our economy is arguably at a 15-year high and remains on track for continued strong growth.The recent change in government demonstrates that we feel confident enough about the economy to vote in a new team of economic managers. There's every reason for this confidence: unemployment is at a 32-year low, the currency is strong, and there has been over a decade of consistent 4% plus economic growth.