According to AMO Director, Mr Robert Projeski, the Australian housing market presented complex conditions in 2016.
Why You Might Not Qualify for a Home Loan...and What You can do About It!
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Having your home loan application rejected can be very fustrating. But you're not alone. Since the beginning of the Global Financial Crisis of 2007-08, lenders have become more cautious and lending standards have become more stringent. However, not all lenders are the same.
Should I switch from a variable rate home loan to a fixed rate home loan?
Watch this short video interview on 2UE Talking Lifestyle, where Mr Robert Projeski, the Managing Director of AMO, answers the question "should I switch from a variable rate home loan to a fixed rate home loan"?
Top 5 Reasons to Use a Buyer's Agent
Whether you’re looking to buy your first home, or your next investment property, buying a home requires that you devote a lot of time to researching, attending auctions and open homes - time which some buyers may not necessarily have.
Is it time to Fix your Mortgage?
With interest rates at an all time low, many home owners are asking “Is now the best time to fix my home loan?”
While the decision to switch to a fixed rate home loan will vary based on your personal circumstances, there are some great benefits to fixing your rates now rather than later. Mr Robert Projeski, the Managing Director of Australian Mortgage Options, says that Australia’s interest rates are at an all time low and borrowers can get some really good bargains.
“Most of our clients fix at least 50% of their home loan, and leave the other half on variable rate, with most people choosing to fix their rates for around 3-5 years.”
The other benefits of fixing your loan is the peace of mind that it gives you. “It’s knowing what your monthly repayments will be, and knowing that you can pay off your home loan for how ever long you decide to fix your rates for," says Mr Projeski.
How can I use equity in my home to help my kids get into property?
As parents we know from experience that it can take several years to save up enough money to use as a deposit for your first home. But how can you help your kids to save a deposit so that they can own their own home sooner? Can you help your kids to build a property portfolio without giving away all of your hard earned cash as a "gift"? And what measures can you take to protect yourself?
In this radio interview on 2UE's Talking Lifestyle, Robert Projeski, the Managing Director of AMO talks to parents on the pros and cons of lending money to their kids. He also talks about how parents can tap into the equity in their own home, and suggests some safe options to help their kids get into the property market.
How to Make the Most of Australia’s Low Interest Rate Environment
Mortgage rates have been coming down for a while and recently hit their lowest level when the Reserve Bank of Australia decided to further reduce the official interest rates to 1.5 percent. This opens up opportunities for those who want to use their home equityto create wealth, and for existing mortgage holders to pay down their mortgage and own their own home sooner.