Thyme Financial Group

12 Home Loan Tips

Here is a link to our latest article.

It is a list of lessons our Home Loan clients have learned and also some Home Loan tips:
http://thymefinancial.com.au/wp-content/uploads/2015/06/Top-12-Home-Loan-Tips.pdf

thymefinancial.com.au

6 Important Housing Market Drivers

Some market commentators are saying the housing cycle is almost complete. The reality is that housing cycles are fuelled by a few hard dynamics.

Supply
This cycle was first fuelled by a lack of supply (particularly in the capitals of Sydney and Melbourne). We believe that the supply in apartments has reached saturation point and there is more to come.

Interest Rates
Low interest rates are here for the duration. Anyone that thinks interest rates will climb to double digits has rocks in their heads.
Government and Taxes
The two main levers that government has are negative gearing and capital gains tax. Take one of these away and you will curb demand.

The Supply of Money
For the first time in living memory, banks are trying to control the housing market by restricting the supply of money to non-residents. Add this to the already strong controls currently in place for the rest of us and it can become problematic. Here’s a prediction: When the housing market cools, many of these controls will be relaxed.

Unemployment
The last time we had a housing crash was in the recession of 1991. Unemployment was at around 11%. Obviously if people don’t have a job they can’t repay their mortgage. Keep your eye on this number but it appears to be under control for now.

Demand
Housing is seen as something tangible and a safe bet. Sure, the current demand cannot continue. Let’s just see how it all plays out post election.
But as the housing roulette wheel goes around and around and as it inevitably slows.

Low Rates and Mortgage Stress

This week's article discusses the effect of disappearing interest rate specials on borrowers and the anxiety this creates. It can be found at the link
http://thymefinancial.com.au/wp-content/uploads/2015/06/Low-Rates-and-Mortgage-Stress.pdf

thymefinancial.com.au

Is it time to look for a new home loan?

In this weeks article we ask 6 simple questions about your home loan. If you answer yes to any of them it might just be time to have a look for a new home loan. You can read it at the following link:
http://thymefinancial.com.au/wp-content/uploads/2015/06/Is-it-time-to-look-for-a-new-home-loan.pdf

thymefinancial.com.au