Redwood Advisory SMSF
Buying property is an exciting experience, particularly if it is your first time. But, it can also be a daunting experience particularly constant press around the property bubble. Therefore it is important to surround yourself with a property investment advisor to determine your investment strategy for financial freedom. Currently, first home buyers are presented with…
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With interest rates at record lows – many Australians are asking the question – “How much do I need for a deposit to purchase my first home?”. This question will then determine the amount of your loan and ultimately your borrowing power. The bigger your deposit, the smaller your loan will be and the less…
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The first step in the journey to financial freedom is to approach your Redwood Home Loans Mortgage Broker to determine your borrowing power. This is important to know how much you can afford to spend on a property and repay on your home/ investment loan. By having an idea of what you can borrow, you…
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Whenever you see an interest rate, it may display this awesome low interest rate, then beside it you may see a ‘comparison rate’ which is considerably less attractive – with a (*) and no explanation for the higher rate. Understanding the comparison rate is imperative in choosing the right loan for you. The Comparison Rate…
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The Reserve Bank has cut official interest rates by 25 basis points to a fresh record low of 2 per cent, a fresh injection into the Australian economy and particularly the housing market. If passed on in full by Australia’s “Big 4” banks, this will indicate significant savings – approximately $60 per month on a…
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There are ‘mixed feelings’ by many Australians on the surge of Chinese investment in the Australian residential and commercial property market. Many ask the question – will the surge of Chinese investment in Australia real estate continue? Despite the announcement of new penalties by the Foreign Investment Review Board (“FIRB”), Chinese investment will continue to grow in…
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