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Latest News

Final day to receive discount on GCCC rates bill

August 11, 2016 in Insider Tips, Latest News

Gold Coast 1.1

URGENT REMINDER …

Today is the FINAL DAY to receive the discount on your GCCC rates bill.

Pay today to ensure you are not paying more than you need to.

After all … Surely the extra $$$ will be better off in your pocket rather than the council’s coffers.

 

RBA Cut Rates to 1.50%p.a.

August 2, 2016 in Insider Tips, Latest News, Rate Cuts

1.50The RBA Board has reduced the Official Cash Rate to a new record low 1.50% in the hope this will stimulate the Australian Economy to combat the current low levels of inflation.  

The RBA is hoping Australian families will start spending more on ourselves if we are paying less interest to the Banks for our Home Loans.

The question is … Will the Banks play their part by passing on this rate cut in full ???

Will interest rates continue to go down

July 27, 2016 in Insider Tips, Latest News, Rate Cuts

 

RBA Cash RateBorrowers & home buyers who are asking “will interest rates continue to go down” will be pleased to learn that the lower than expected Inflation Figures have  Senior Economists confident in their predictions that the Reserve Bank will seek to stimulate the Australian Economy by  reducing the Official Cash Rate to a new record low when the RBA Board meets again on the first Tuesday of the month.

Borrowers can be comforted by this news with the majority of economists also predicting interest rates will remain low for some time to come.

RBA Announcement . . .

July 5, 2016 in Insider Tips, Latest News, Rate Cuts, Rate Rises

Turnbull ShortenThe Board of the Reserve Bank has voted to retain the Official Cash Rate at the record low 1.75% and will continue to monitor the impact on the Australian economy as it reacts to uncertainty following the federal election.

The only good news for borrowers is that hopefully the seemingly never ending election coverage will be over shortly.

 

BREXIT – How will this impact on Australia

June 27, 2016 in Insider Tips, Latest News

Brexit

With the United Kingdom (or not-so United Kingdom) recently voting to remove itself from the European Union (EU) many Australians will be asking themselves …

What happens next ???

How will BREXIT impact on Australia ???

Attached is a link to an article written by Riccardo Briganti (Investment Specialist – BT Advice Research) which may assist to answer these questions.

http://f.datasrvr.com/fr1/616/46373/Brexit_-_Hope_or_Glory.pdf

 

First Home Owners Grant increased to $20,000

June 16, 2016 in Insider Tips, Latest News

fhog

Great news for first home buyers in Qld as the State Government has announced the First Home Owners Grant (FHOG) will be increased to $20,000.00 (previously $15,000.00).

This increase is effective on 1st July 2016 however will only last for 12 months.

To learn more & to confirm if you are eligible click on the Qld Government link below

https://firsthomeowners.initiatives.qld.gov.au/

 

How Much Can I Borrow ???

May 10, 2016 in Insider Tips, Latest News

Borrow

Did you know that each bank has it’s own individual method of calculating how much you can borrow ???

Did you also know that there can be a significant difference in the maximum loan amount one bank will lend to you compared to the other banks.

The reasons behind these differences are many & varied with several example noted below.

  1. How the bank calculates your “Assessed Income” which can differ greatly from your “Actual Income” if you are employed on a Part-Time or Casual basis or your income includes overtime, allowances or salary sacrificed deductions.
  2.  The banks may elect to use only a percentage of the Family Tax Benefits you receive from Centrelink based on the age of your children.
  3. The manner in which the banks calculate your minimum monthly “Living Expenses” can vary greatly based on the suburb in which you reside, the amount of income you earn & the number of people living with you
  4. The “Buffer” is an additional amount the bank will add on top of your actual interest rate to ensure you will continue to be able to afford your new loan repayments if interest rates were to rise in the future

Unfortunately many potential borrowers are not aware that ALL BANKS ARE NOT THE SAME. The reality for many hopeful borrowers is that if one bank is unable to assist, you may actually have other banks who are more than happy to say “YES” and may even be prepared to offer lower interest rates to win your business.

Q: How can I calculate my actual maximum borrowing capacity and home loan options ???

A: Click on “CONTACT US” or speak to our friendly Mortgage Specialists

RBA cuts rates to 1.75%

May 4, 2016 in Insider Tips, Latest News, Rate Cuts

Record LowThe Reserve Bank Board has voted to reduce the Official cash rate to the new record low level of 1.75%.

This rate cut is in response to recent economic reports confirming lower than expected inflation figures in the Australian Economy.

The good news for borrowers is the majority of banks appear to be passing on the full 0.25% p.a. interest rate cut to borrowers with the except of ANZ Bank which is only passing on 0.15% p.a.

Happy Easter

March 24, 2016 in Insider Tips, Latest News

Easter 11

Easter …

The only time of year when you CAN put all your eggs into one basket and get away with it (LOL).

Wishing you and your families a wonderful Easter

from the DPF Team.

A Home Loan that Rewards you with Qantas Points

March 7, 2016 in Insider Tips, Latest News

 

QANTAS 2If you have a $400,000.00 Home Loan you could be rewarded with 150,000 Qantas Points over 5 Years  PLUS  receive additional Qantas Points from your Platinum Credit Card

 

HOW ???

 

There is a Home Loan that will pay you …

 

10,000 Points for every $100,000 of your Home Loan

1,000 Points every month

25,000 Points Loyalty Bonus after 3 Years
 
25,000 Points Loyalty Bonus after 5 Years
 
1 Point for EVERY dollar you spend on the Platinum Credit Card

 

 

 

Minimum loan amount $150,000.00. For more information on the terms & conditions “CONTACT US” or phone our friendly Mortgage Specialists 07 5527 4744