Key tips for buying, selling and borrowing in the current market
With property prices declining in many parts of the country, and many people’s borrowing capacity falling as well, this is a different market than we’ve seen in many years. So…
Why your borrowing capacity has fallen and what to do about it
Over the past six months, the average person’s borrowing capacity has fallen by about 25%. That’s because the maximum amount a typical person can borrow falls by about 5% every…
Regional First Home Buyer Guarantee goes live
The federal government’s first home buyer support package for regional Australians has been launched, as of October 1. Here are the key details of the Regional First Home Buyer…
The ins and outs of pre-approvals
Getting pre-approval for your home loan can give you an understanding of your borrowing power and confidence your lender is satisfied with your preliminary application. It means it is time…
Interest rate surprise: some fixed loans getting reduced rates
With the focus on rate rises, you might not have noticed that some lenders have reduced rates on fixed-rate loans. Variable rates are likely to continue to rise in…
When is a good time to refinance your home loan?
Many homeowners set up their home loan repayments to automatically be debited from their account – knowing they are slowly chipping away at their debt without needing to put much…
Positive and negative gearing: pros and cons
If you invest in property, it could be positively or negatively geared. And it has nothing to do with mechanics or engineering. It refers to whether the income you receive…
Guarantor Home Loan – how do they work?
A guarantor could enable you to purchase a property sooner and potentially save thousands of dollars A guarantor may use the equity in their home as security, allowing you to…
Rate lock: how does it work?
You’ve found the property. Your broker has helped you find the right loan with a competitive interest rate and all the features you want. You’ve completed the application and now…
Cash rate rise: what does it mean for you?
The Reserve Bank of Australia (RBA) today announced the cash rate increased from a record-low 0.1% to 0.35%. This is the first time the RBA made a change to the…
Have a question?
MC Mortgage Solutions would love the opportunity to discuss your circumstances with you. Whether you have found a house or are just in the planning stages it's never to early or late to make sure your finance is right for you.
Book an appointmentMC Mortgage Solutions
MC Mortgages was established with one clear goal: to be more than just brokers. With this compelling vision in mind, we have created a brokerage that is focused on looking beyond the customer’s initial request and taking a holistic approach to all their needs.
Recent Articles
Albanese govt reforms first-home buyer program
Albanese govt reforms first-home buyer program The federal government has made it easier for first-home buyers to access the First Home Super Saver Scheme. Previously, if first-home buyers wanted to…
More..Why ANZ’s $4.9bn acquisition of Suncorp was rejected
Australia’s competition watchdog has refused to authorise ANZ’s acquisition of Suncorp Bank. The Australian Competition & Consumer Commission (ACCC) said it had rejected the $4.9 billion deal, which was announced…
More..Vacancy rates rising, rental growth slowing
A leading property data analyst believes that while property investors continue to hold the balance of power in the rental market, the rental crisis among tenants is now starting to…
More..
