Tony’s Thoughts – April 2017

Interest Rates

As rates continue to steadily trend upwards with a few rises again just last week, it is important to manage your mortgage. Break fees are not always a handbrake on your goals of saving money and taking years off your mortgage debt.  They can also allow investors to take advantage of like-for-like refinancing on investment properties with LVR under 80%.

2nd Tier Financing

With TMMI having access to the 2nd tier financier market, we are able to negotiate on behalf of our clients with many of these non-bank finance companies. Just recently we were able to negotiate one of our biggest loans for a large sub-division, where the interest rate was below 9% and fees of 2.5%. These transactions do tend to be dearer, however even in tighter conditions, we know that where there is a will, there is a way!

 

Tony Mounce Mortgages is built around values that guide and educate. We can help our clients with finance techniques and investment strategies. In short, we pride ourselves as being trusted advisers owing to the collective experience of our team members.

Bottom line? You don’t know what you don’t know. So give the team at Tony Mounce Mortgages a call today. Arrange an appointment with one of our advisers and see how we can help you achieve your goals. 0800 MOUNCE

 

 

 

 

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