In Australia we are spoilt for choice when it comes to our coastline, harbours and rivers. One of the great ways to explore our beautiful waterways is by boat. At Efinance brokers we’re not just home loan specialist, we can also do asset finance. Let us...
Luck was on the side of homeowners this Melbourne Cup Day, with the Reserve Bank of Australia (RBA) keeping the cash rate on hold at 4.35 per cent at today’s meeting. Read today’s official statement on the RBA’s website. The last RBA board meeting for the...
When you’re new to buying property, choosing a home loan can be overwhelming. There are dozens of different lenders out there all offering different types of mortgages. So, which is right for you? A mortgage broker can help you select the right home loan, based on...
What is Compound Interest? It’s addition of interest to the principal sum of a loan or deposit with interest being continuously earned – simply earning interest on interest. By this definition, to harness compound interest, one would need to lend money to someone or save money or invest in something where interest will...
To pay more off your home loan or invest in another property? It’s a question many homeowners face. Ultimately, it depends on your financial situation and long-term goals as to whether you funnel your funds into your home or an investment property. Here are some...
Homeowners have been waiting with bated breath to see when the Reserve Bank of Australia (RBA) will cut the cash rate. It’s been on hold at 4.35% since November 2023. Some hoped a cash rate cut may come after the US Federal Reserve cut interest rates by...
If you have your eye on a property and want to be confident when negotiating or bidding at an upcoming auction. Then fast approval is what you need. Don't go to auction without a pre-approval or letter of eligibility, the selling agent wont take...
What are your financial goals this year? This is the time of year when many people reassess their financial and property goals. We can arrange finance if you are looking to: • Buy your first home • Buy your next home • Invest in property • Renovate your current...
• Make property more liveable if owner occupied • Make property more appealing to prospective tenants if investment property • Potentially result in increased rental income for investment property • May add value to the property in many instances. However, this may not be dollar for dollar value. • There...
If yes, we have a solution for you to break free. Take the first step and contact us for your eligibility assessment. Being a mortgage prisoner is simply when one is unable to refinance from a high interest rate home loan to a better deal....