Ocean Home Loans - Recent Posts - page 9

RBA hails 2016 in with no change to interest rates

The RBA Board, refreshed after the holiday break, has chosen a gentle approach to welcoming in the new year by keeping interest rates on hold at a record low of 2%. Most economists believe that rates...

How to Choose a Home Loan Term

Some people pay off their home loan in record time, while others take 30 years. Which is better? Deciding on the length of your mortgage term is an important decision because it can significantly aff...

Do you have Troublesome Tenants in your Investment Property

Most tenants are reliable, but if you own an investment property, chances are you’ll encounter at least one bad renter. From failing to pay rent through to causing damage or conducting criminal activ...

Buy, Sell or Wait When to make your Property Market Move

As we approach the end of the year, the so-called ‘property bubble’ identified by some commentators remains, though there are signs the property market could be easing. In Sydney and Melbourne, deman...

5 Tips to help get your home loan application approved

Buying your dream home is exciting, so the last thing you want is for your home loan application to be held up. While many factors are considered in assessing an application, showing stability and co...

Housing Affordability, what’s our new PM’s stance

On 15 September 2015 Malcolm Turnbull was sworn in as Prime Minister, signalling a new era for the Liberal leadership and this may lead to a different approach to the issue of housing affordability. ...

No move on Interest Rates again

The final meeting of the Reserve Bank for 2015 produced no surprises as the Board made the decision to keep interest rates on hold. The official cash rate continues to stand at an all time low of 2%....

How a Mortgage Broker can help you set your financial goals

Most people think of a mortgage broker as simply someone who can assist in the process of obtaining credit, but there are many more reasons why you should call on your broker and setting financial go...

Financial Fitness 5 Step Plan

Financial fitness is not that different to physical fitness. Both take time, moderation and discipline, and both are equally rewarding in terms of improving your quality of life. Here’s a five-step p...

What is home loan portability

If you are moving house, home loan portability gives you the option to take your current loan with you. By keeping your loan from one property to the next, you won’t have to go through the process of...