Andrew Mirams Archives - Page 5 of 7

19 May Should you use a line of credit?

Posted at 10:30h in Andrew Mirams, Buying a property, Finance, Property Investment, Property Investment Topics by rolanrush 0 Comments

ines of credit on home loans have been around for a while now and are not a new product in the mortgage marketplace. However, the problem is that it can be tempting for borrowers to use them as a cash machine that they never have to...

20 Apr The ultimate guide to home loan interest rate discounts

Posted at 11:10h in Andrew Mirams, Buying a property, Finance, Property Investment, Property Investment Topics by rolanrush 0 Comments

No one likes to pay more interest on their mortgage than they have to. In fact, if you manage to reduce your home loan in a small way via a discounted interest rate, it can have big positive financial consequences in the years ahead. When homebuyers and...

17 Mar Investing in Queensland – Urban vs Regional

Posted at 15:50h in Andrew Mirams, Buying a property, Property Investment, Property Investment Topics by rolanrush 0 Comments

The property cycle means that demand for properties in each state and territory can rise and fall depending on how the market in those locations are faring. It's well understood that Sydney is at the top of its market cycle and Melbourne is perhaps not far...

02 Mar ASIC takes Westpac to court

Posted at 10:39h in Andrew Mirams, Finance, Kevin Turner, Kevin's Update, Latest Stories, Property Investment, Research, Sponsored Channels, Trends, Videos by rolanrush 0 Comments

ASIC has commenced civil penalty proceedings in the Federal Court against Westpac for a number of contraventions of the responsible lending provisions. This could just be the tip of the iceberg because, as Andrew Mirams points out, the regulator says it has reviewed the responsible lending...

08 Feb Commonwealth Bank tightens the screws on property investors!

Posted at 18:29h in Andrew Mirams, Kevin Turner, Kevin's Update, Research, Trends by rolanrush 0 Comments

The Commonwealth Bank has announced that from Monday 13th February 2017 they will be suspending the acceptance of new refinance applications for Investment Home Loans, until further notice.   Applications which include both Investor and Owner Occupier loans are not impacted. Standalone Investor refinance applications submitted prior...

30 Jan The Risks of Low Deposit Home Loans – Andrew Miarms

Posted at 18:19h in Andrew Mirams, Finance, Property Investment, Property Investment Topics by rolanrush 0 Comments

It doesn't seem that long ago when would-be homebuyers could take out 100 per cent loans – or even 105 per cent – to buy a property. The GFC mostly resulted in the end of such shenanigans but there are still low deposit home loans on...

07 Nov Buying a House to Subdivide – Development Fundamentals

Posted at 14:23h in Andrew Mirams, Buying a property, Latest Stories, Property Development, Property Investment, Property Investment Topics, Sponsored Channels by rolanrush 0 Comments

As the property investment sector matures in Australia, more and more investors are looking to small development as a way to improve their overall financial position. There are a number of ways that investors can create wealth through property development, including subdivision. But what are the ins...

25 Oct Accessing Your Equity (And Using it to Your Advantage)

Posted at 13:48h in Andrew Mirams, Latest Stories, Property Investment, Property Investment Topics, Sponsored Channels by rolanrush 0 Comments

Saving up for a deposit on your second property come seem somewhat out of reach, particularly when you’ve already got mortgage repayments to worry about. So how are property investors managing to get their hands on the money to build their property portfolios? The answer to...

14 Oct Don’t sign a contract of sale until you’ve read this – Andrew Mirams

Posted at 18:11h in Andrew Mirams, Buying a property, Property Investment, Property Investment Topics by rolanrush 0 Comments

Buying a new property – whether it’s your first home or your 10th investment property – is always an exhilarating experience. But in the excitement of your new real estate prospects, it is important not to rush past the important bits. Remember, it’s the job...