Mortgage brokers and people looking for home loans in Perth didn’t get the news they expected in March. Despite rampant rumours to the contrary, the Reserve Bank of Australia (RBA) held interest rates steady for March at 2.25%. While they did send strong signals that another rate cut is forthcoming, there are no guarantees. Even [Continue Reading]
How Many Investment Properties Do You Need?
At Purely Finance, we broker home loans and investment loans in the Perth area. Often, the two areas come together and we broker a home loan for an investment property. Since legislation was passed allowing Self Managed Super Funds to obtain investment loans, more and more small investors have begun to use real estate to [Continue Reading]
The Big Picture on Low Interest Rates
The record low Reserve Bank of Australia (RBA) interest rate has been a hot topic of discussion for mortgage brokers in the Perth area. Standard home loans are a great bargain right now, especially in the Perth market. But did you know that low interest rates provide other great opportunities, too? All four of the [Continue Reading]
Purely Finance Autumn Newsletter 2015
Welcome to our Autumn Newsletter! Our team is very happy and proud to provide you with helpful information for the season. Read on and learn about healthy habits you should maintain during autumn, financing a renovation, advantages of property investment and many more. We hope you enjoy this issue of our newsletter. Cheers! Click link/image [Continue Reading]
When Investment Loans for Your Perth Investment Properties are Better than Using Your SMSF
We have helped obtain a lot of investment loans for small Perth property investors over the years. With the newer trend of using one’s Self Managed Super Fund (SMSF) for investment properties, the simple investment loan has been forgotten by many. However, there are certain risks and pitfalls when using your SMSF. It is good [Continue Reading]
RBA Drops Cash Interest Rate to Another All-Time Low
If you are among those considering home loans, investment loans or refinancing your Perth area home, you are probably excited that the RBA has dropped the cash interest rate even further to 2.25%. This drop came as a total surprise to many economists. Predictions for 2015 were all over the map, with some calling for [Continue Reading]
When and When Not to Refinance Your Home
As mortgage brokers who take care of a lot of home loans and refinancing in the Perth area, we are often asked about refinancing home loans. On the surface, refinancing can often seem like a “no-brainer” decision. You may be dissatisfied with your terms. The last year, record low interest rates have sent a lot [Continue Reading]
Want to Be a Property Investor? Here are 8 Steps to Success!
As mortgage brokers who specialise in property investment home loans in the Perth area, we like helping the small investor get started. Every self-made large investor has one thing in common: they all started out as small investors. If you are thinking of getting started, now is the best time. You will never have the [Continue Reading]
Is this Your First Home Loan? 3 Tips for First Home Buyers
If this is your first home loan, knowing what to expect can make the process a lot smoother and save you money. When you are getting ready to buy your first home, the entire process can be a bit overwhelming. There are so many factors to consider, the biggest of which may be how you [Continue Reading]
Risk and Return: Financial Planning Advice for Risk Management
Financial planning firm in Perth simplifies risk and return to take the confusion out of risk management. Everybody goes into investing with one goal: to make money. Some are very successful and some aren’t. It is important to know that all investments carry inherent risk. Just because you invest doesn’t mean you are going to [Continue Reading]
5 Steps to be Better Prepared with Financial Forecasting
What is financial forecasting and what does it mean to you? It may be easier than you think. Recently, “financial forecasting” has become an industry buzzword. It may sound different, but at the end of the day, it’s simply the use of sound financial principles and tracking to create a budget that allows you to [Continue Reading]
Wealth Building Techniques for the 21st Century
The financial planners in our Perth office are often asked to give advice over the phone or by email. However, everyone’s financial situation is different. Consequently, we can’t really give any specific advice until someone has a conference with us and we get a full view of their finances. What we can do, though, is [Continue Reading]
The Basics of Borrowing for Property Investment in Perth – [Video]
Full video transcript below: I’m Nick Aves from Purely Finance. We’re mortgage brokers and I’m a licensed credit adviser. We specialise in helping investors of all levels, from people just looking to get in the investing market right up to people that are very experienced investors doing very large developments. Today, I just want to [Continue Reading]
How to Get the Most Out of Financial Planning Services
What you need to know to make financial planning services work for you from right here in Perth. If you are a beginning investor, congratulations. Rest assured that even the most successful investor was a beginner once. The most important thing that seems to separate the successful from the unsuccessful is that most successful investors [Continue Reading]
Will the Budget Impact Your Property Investment?
What your finance advisor wants you to know about the budget and its possible effect on the Perth real estate market. According to the Index of Consumer Sentiment published by the Westpac Melbourne Institute, consumer confidence in Australia dropped this September after the Index had stabilised the past months. This news has eroded the hope [Continue Reading]