Prepared by Bank of Melbourne The pace of growth in building approvals appears to have hit a speed bump with back-to-back declines over May and June. The annual rate of decline slipped to 13.0% in the year to June, but we expect approvals should return to positive growth in July. Weakness over the past two […]
Volatility was crunched again overnight as the Fed released several doves to comfort the ailing bond market. I’ve put a full synopsis below courtesy of TradeTheNews.com but in brief the message was that the market has totally overreacted, policy is still data dependant and no significant shift has occurred. Rate hikes are a long way […]
Home loan approvals surge in March “The biggest jump in home loan approvals in four years has all but confirmed the housing sector is recovering after a difficult couple of years” http://www.dailytelegraph.com.au/business/breaking-news/home-loans-rose-52-in-march/story-fni0xqe3-1226641015083?utm_content=buffercb34b&utm_source=buffer&utm_medium=twitter&utm_campaign=Buffer
The Victorian Government has announced some changes to state taxes and grants which will be included in the 2013-14 State Budget when it is handed down on 7 May 2013. Please be aware of the following important changes affecting First Home Buyers purchasing residential property in Victoria from 1 July 2013.* First Home Buyer Grant […]
Firstly, what is the LVR? The Loan to Value Ratio (LVR) is the amount you are borrowing, represented as a percentage of the property value. For example, if you are considering a loan of $400,000 and the property is worth $500,000 the LVR is 80%. Why is the LVR important when you are considering the […]
Self-Managed Super Fund (SMSF) Borrowing – Peter Reber – First Point Group Like other superannuation funds, SMSF’s are primarily used to build wealth for retirement. SMSF’s are different from other superannuation funds as all members are also trustees (or trustee directors, if the SMSF has a corporate trustee). Members are responsible for running the fund […]
First Point Group won this years 2012 FAST Group Operator of the Year Award.
Our wide range of mortgage lenders allows us to match your specific needs to the right home loan.
First Home Buyers First Point Group has helped hundreds of first home buyers to take that next step and buy their first home. There is so much to think about when buying your first home – from how much you can afford, to what type of property you want and where. We can help you […]
