Home Loan Housekeeping, Top Tips and More Free Seminars: April 2013

April 11, 2013
Evee Shawcross

RBA Cash Rate Steady at 3%:

The Reserve Bank has left the cash rate unchanged at 3%, following its monthly policy meeting on Tuesday 2nd April. This is the fourth consecutive month the RBA has left the cash rate unchanged, which shows that the economy is relatively stable.  

Even with rates on hold, it's vital to ensure your home loan is still right for you. I can give you a free "Home Loan Health Check" by comparing your loan with hundreds of others, to see if there's a better loan for you. Fixed rates are showing great savings for some customers at the moment.  

And with rates the lowest since 2009, it is a good time to make extra repayments on your mortgage while they will really have an impact.  


Property Buying Tip:

A golden rule of property buying is not to overextend yourself. You need a clear idea of how much you can comfortably afford to repay – even if interest rates rise. The maximum amount you can borrow will vary between lenders but the key factors lenders look at are your income and current financial commitments. As a general guide, your mortgage repayments should not exceed 30% of your gross (pre-tax) income.  

To find out how much you could borrow, check out the ‘How much can I borrow’ Calculator on my website: https://www.mortgagechoice.com.au/george.cremona/calculators    


Outings in the Redlands:

Sirromet Winery, located in Mt Cotton, offers winery tours, wine tastings, and cellar door wine sales as well as ‘a day on the green' concerts and Restaurant Lurleen’s. Sirromet is a family owned company who have been awarded a 4 star winery rating by James Halliday.

Plan a visit at: http://www.sirromet.com/    


Free Home Loan Seminars:

Please come to one of my free seminars. Over the next few months I am offering seminars for home buyers, first home buyers and property investors.

Upcoming seminars:


BUYING A HOME SEMINAR, 23rd April, 6.30pm  


See the seminars tab above for more details and bookings.

Posted in: News

Contact us today.

Additional Comments? * :