Brisbane Home Loan
Using a Mortgage Broker to help find the best home loan is infinitely more helpful than approaching a Bank.
Banks are biased toward their own limited range of finance products while Mortgage Brokers can offer a much greater selection due to the large number of lenders they represent.
The central fact from which any discussion of affordability must start is that there has been a more than doubling in house prices over the past decade, and that strong price rises are still occurring.
This is shown by all the indices of house prices, which also confirm that, unlike some earlier booms in house prices that were specific to certain areas, this one is Australia-wide.
The ratio of the price of the average home to average income has risen sharply, as has the cost of servicing the mortgage if the home is acquired, making it increasingly difficult over recent years for first-home buyers to achieve home ownership.
Be sure to factor increased interest rates into any decision to take on a home loan
