Guest Contributor - Graeme Salt Archives - Accredited Broker

Stamp Duty Changes Good for Property?

Accredited Broker — Thu, 19 Nov 2020 07:43:55 +0000

‘Be careful what you wish for’ goes the old adage. Nowhere is the more true than in proposed changes to Stamp Duty which may have huge impacts on the way the property market operates. Changes proposed by NSW (and likely to be followed by other states will see stamp duty phased out and replaced by […]

The post Stamp Duty Changes Good for Property? appeared first on Accredited Broker.

Is this a window of opportunity for property?

Accredited Broker — Wed, 09 Sep 2020 04:52:03 +0000

The property market is rapidly approaching crunch time – where there will be multiple winners and losers. The end of this month is D-Day for the 450,000 borrowers who deferred home loan payments. Some will be able to recommence making payments, but for others this could mark the start of a series of tough conversations […]

The post Is this a window of opportunity for property? appeared first on Accredited Broker.

Reserve Bank Research: Competition Forces Banks to Reduce Rates

Accredited Broker — Sat, 09 Nov 2019 00:02:16 +0000

Reserve Bank analysis shows that more Australians are getting a better deal on their home loans, despite banks being under fire for not passing on interest rates in full. That is because lenders are forced to respond to increased competition. It also shows “very few” borrowers actually pay the Standard Variable Mortgage Rate (SVR), with […]

The post Reserve Bank Research: Competition Forces Banks to Reduce Rates appeared first on Accredited Broker.

This Time it’s Different

Accredited Broker — Mon, 23 Sep 2019 03:54:57 +0000

The recent property downturn was unique – and this period of growth is unique too. For the first time, the recent downturn was driven by changes to credit policy (not interest rates or unemployment). Similarly, the way lenders approve loans (or not) will put a cap on this property market. The property market is moving. […]

The post This Time it’s Different appeared first on Accredited Broker.

Welcome to a whole new world of mortgages

Accredited Broker — Sat, 27 Oct 2018 07:53:45 +0000

Any property buyer can tell you that the lending world has changed. But, changed lending criteria driven by the Australian Prudential Regulation Authority (APRA) is superficial compared to what is about to happen due to technological changes. Fintech has the potential to radically transform the world of property and finance – yet it also implies […]

The post Welcome to a whole new world of mortgages appeared first on Accredited Broker.

The Price is Always Right

Accredited Broker — Thu, 06 Sep 2018 07:58:18 +0000

Remember the days when borrowers were eagle-eyed to rate changes on the first Tuesday of the month? Now, the interest rate world is very different. Two years ago, whenever the Reserve Bank met and changed rates, the banks pretty-much said they would pass them on immediately. Now, it seems to be almost every day that […]

The post The Price is Always Right appeared first on Accredited Broker.

Welcome to the Brave New World

Accredited Broker — Mon, 23 Jul 2018 08:19:39 +0000

‘The heavy lifting has been done’ according to APRA and the banks’ lending practices are now on a sounder footing. · With many of APRA’s speed bumps now removed, does that mean that there will suddenly be a property boom? Unlikely · Will the banks continue to ask borrowers rigorous questions for a loan application? […]

The post Welcome to the Brave New World appeared first on Accredited Broker.