Does Your Mortgage Rate Start with a Three?

Gino Farina Refinancing

With such a wide range of mortgage products available today, it can be overwhelming trying to work out the pros and cons, and if the mortgage you have is the best option for you. In the current home loan environment, the general rule of thumb is that the rate should start with a three. However, if it doesn’t and you’re …

The Current Property Market and National Housing Outlook

Gino Farina Property Updates

National Dwelling Values Fall by Half a Percent in October According to the CoreLogic Home Value Index results for October 2018, tighter credit conditions and lower dwelling values across Australia have contributed to slower housing activity, with the annual decline across the nation at 3.5%, and the home value index reporting a 0.5% fall in dwelling values nationally in October. …

Reverse Mortgages

Gino Farina Other Loans

What is a Reverse Mortgage? Reverse mortgages let pensioners and retirees from the age of 60 convert the equity in their property into cash. No income is required to qualify but credit providers are required by the law to lend money responsibly, so not everyone will be able to access this type of loan. Although interest is charged as with …