by admin | Oct 29, 2021 | Ask Alan News
The Reserve Bank has cut rates to low levels to encourage borrowing. This is a good thing. The strategy has worked. Housing and construction are the backbone of our economy – because they generate so much employment and activity. House price has increased – and that...
by admin | May 28, 2019 | Home Mortgages, Investment Loans, Mortgage Industry News
The current market mood was caused by negative Government intervention to suppress buyer demand and also the election itself. Sentiment has changed post-election and now positive Government intervention brings good news again for buyers. There are 4 key...
by admin | Jan 10, 2019 | Construction Finance, Home Mortgages, Investment Loans, Mortgage Industry News
Most people misunderstand badly the term “buyers’ market” and hence never take advantage of one. A buyers’ market is one where no-one is buying. Consequently, it is a terrible time to sell. In a buyers’ market there are more sellers than buyers, buyers can take their...
by admin | Apr 26, 2018 | Mortgage Industry News
The Sydney property market has plateaued – with prices for both houses and units off the boil since June 2017 as the peak (Domain March Quarter House Report – Apr 26th).APRA played a large part in this Sydney slow down by applying investor restrictions to the entire...
by admin | Jul 20, 2017 | Ask Alan News
So it seems the Reserve Bank hasn’t quite pulled up stumps yet. Widely published in yesterday’s media, a comment from The Reserve Bank minutes has been blown out of proportion.With the current cash rate at 1.5%, The Reserve Bank is quoted as saying that a cash rate of...