“Despite the falls seen across all types of buyers in May, the value of new home loan commitments has still risen 18% over the past 12 months," Fiona Cotsell, ABS head of finance statistics Visit https://nuvi.me/v2tl51
Australian Bureau of Statistics’ Post
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Mortgage Broker in the Great Southern Region | Residential & Business Lending | Local Area Specialist
How your deposit size can shape the interest rate you pay... Size matters! At least when it comes to how your home-buying deposit can impact the rate you pay. Lenders often set your home loan rate taking into account your loan-to-value ratio – or LVR. That’s the percentage of your home’s value that you need to borrow. The smaller the LVR, generally the less risk for a lender – and that could see you rewarded with a lower rate. How much lower? Give us a call and we'll help you explore your options. To find out more, DM us or contact Harken Finance on: – 08 6279 1411 – kirsty@harkenfinance.com #harkenfinance #property #mortgagebroker #homeloan #refinance #investors #firsthomebuyers #albany
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Understanding the Risks and Rewards of Second Mortgages in Real Estate – Off Plan Property Exchange Contact me to discuss the latest scoop in real estate! #hotwednesday #coolture #barryaldridge #realestate #videoblog #realtyonegroupselect #housingnews #yourhome #homebuyers #housingmarket
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***UPDATE***New loan limits for Conforming (most Conventional programs) and FHA loans have been released! As home prices continue to rise, these increased loan limits help new homebuyers obtain access to more readily available financing programs. Contact me today with questions and to help plan your next move.🏠🔑 #themoreyouknow #extraextra #newfor2024 #homebuyersguide
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#breakingnews: 2024 Loan Limits Announced! The baseline conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac in 2024 has significantly increased. What's New? - The new limit is up by 5.5% compared to the current limit of $726,200. - This change reflects the growing need for higher loan limits in today's housing market. Stay informed with Top Flite Financial, your trusted partner in navigating the ever-changing world of home financing. #tff #mortgageindustry #insights #fhfa Read more here: https://lnkd.in/dfcA-fFQ
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🏡 How your deposit size can shape the interest rate you pay 🏡 Size matters! At least when it comes to how your home-buying deposit can impact the rate you pay. Lenders often set your home loan rate taking into account your loan-to-value ratio – or LVR. 🤓 That’s the percentage of your home’s value that you need to borrow. 🏦 The smaller the LVR, generally the less risk for a lender – and that could see you rewarded with a lower rate. 📉 How much lower? Give us a call and we'll help you explore your options. 👇 To find out more, DM us or contact Sanjoy on: ☎ – 0421 541 260 💻 – sanjoy@westaussiehomeloans.com #westernaustralia #wa #perth #perthisok #perthproperty #perthrealestate #perthbusiness #perthsmallbusiness #firsttimehomebuyers #growth #finance #realestate #property #mortgagebroker #propertyexpert #propetyfinance #interestrates #westaussiehomeloans #westaussiemortgagebroker #businessfinance #mortgagebysanjoy
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Benefits of a House Hack: 1) Increased buying power: Lenders will recognize a percentage of the income of the adjoining unit(s) as income. This helps the borrower qualify for a higher loan amount. 2) Lower monthly out of pocket: Despite the slightly higher monthly mortgage for acquiring a larger building, the monthly out of pocket after receiving rents is lower than occupying the single family home. In this scenario the investors monthly costs are over $2,800 less. 3) Principal reduction: The investor is realizing an additional ~$750 in loan reduction. Combining these benefits mean the investor has acquired more real estate value, it costs less money per month and their equity growth is higher.
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A Guide to Senior Mortgages Contact me to discuss the latest scoop in real estate! #invest #sell #buy #relocation #MoveWithMe #HenryCounty #MaleatheRealtor #Homesmart #Mybusinessislifestyles #MaleaSpeight
A Guide to Senior Mortgages
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Home loan pre-approvals are not mandatory, but they can give you and potential sellers confidence to negotiate offers, and save a lot of time and emotional energy. The process usually takes around 3 weeks, with big banks sometimes taking slightly longer. Be aware that conditional pre-approvals are recorded in your credit history. #homeloans #firsthomebuyer #investmentproperty #propertyforsale
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Mathematics Teacher
1wNew loans to investors makes up the 18% increase according to the link. That’s quite fascinating - negative gearing for tax?