Category: Mortgages

Financial Resolutions for Homeowners in 2023
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Financial Resolutions for Homeowners in 2023

The New Year is the perfect time to come up with some resolutions and financial goals for the year ahead. For homeowners, this is especially important. After all, owning a home is one of the biggest investments you can make. If you’re not sure where to start, we’ve come up with five achievable financial resolutions...

Buying A House Over the Christmas Period: Dos And Don’ts
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Buying A House Over the Christmas Period: Dos And Don’ts

Have you ever considered buying a house over the holiday period?  For most, the answer is no – simply because we all become pretty busy and preoccupied. With Christmas events, family functions, and busy work schedules, purchasing a house can easily drop to the bottom of the to-do list. But, for the savvy property hunter,...

Things to Know Before Taking Out Your First Mortgage
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Things to Know Before Taking Out Your First Mortgage

Are you in the market for your first home? At Rostron Mortgages, we don’t want you to stress – we’ve got your back. Before you get started on your property purchasing journey, it’s important to become familiar with the process and some important terms.  Stick around, because we’ve got 5 key things to consider before making...

Is Now The Best Time To Buy A House?
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Is Now The Best Time To Buy A House?

If you’re in the market for a new home, there’s no question that this will be on your mind. Is now the best time to purchase property? Well, we can give you a pretty simple answer, and unfortunately, it’s one you probably won’t like.… It depends.  Plainly, if you’re looking to flip a house and...

Home Loan Refinancing: 7 Things You Need To Know
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Home Loan Refinancing: 7 Things You Need To Know

Off the back of the pandemic, changes to the local and global economy have impacted the lives of all Australians. With interest rate hikes, increased inflation and changing demand, the property market can seem very daunting.  BUT, for homeowners, it’s not a time for dread or worry, it’s a changing time that brings financial opportunities...

How Higher Interest Rates Will Affect Property Prices
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How Higher Interest Rates Will Affect Property Prices

What’s the story with these interest rate increases? It’s a question at the front of everyone’s minds at the moment. Much like the rest of the world, we are seeing inflation starting to creep, this is largely attributable to supply chain issues from the pandemic and recent floods and the war in Ukraine.   The...

A Comprehensive Guide to Bank Valuations
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A Comprehensive Guide to Bank Valuations

What is a bank valuation? A bank valuation is an equation that’s used to determine the price of a property when a home loan is sought. A lender will use the bank valuation figure to calculate a loan to value ratio (LVR), and this figure will likely affect how much the bank will lend. By...