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A key advantage in owning your own home is seeing its value increase – up an average of 21 per cent nationally last year. That increased value can be unlocked by using the equity in your mortgage to finance such things as a granny flat, create a home office, or install a new kitchen or…

The vast majority of home loan customers are currently choosing variable-rate loans over fixed-rate loans.   In August 2024, 98% of new loans were variable, while 2% were fixed, according to the most recent data from the Australian Bureau of Statistics.   By comparison, in August 2021, when interest rates were at record-low levels, 46%…

One of the great things about constructing your own home is that it can be tailored to your specifications. If you’re interested in building rather than buying your dream home, here’s the process you need to follow: Speak to your broker about your goals, so you can create a finance plan together Buy the land…

Home hunters have considerably more stock to choose from than earlier in the year, putting buyers in a stronger negotiating position.   SQM Research has reported that the total number of listings across Australia in August was 7.9% higher than the month before and 11.1% higher than the year before, while the number of new…

Property investors have enjoyed a golden run over the past five years, during which the national median rent increased 39.7%. However, in July, rents increased just 0.1%, which was the slowest growth since 2020, according to CoreLogic. At the same time, annual rental growth has been trending down over the past few months. Between February…

Why use a Mortgage Broker? When you are planning to buy a house, there are so many things to consider. One of the biggest impacts after finding the that perfect home is the costs and funding options to actually purchasing it. There has been an historical trend for aspiring home buyers to go directly to…

Are you seeking a mortgage loan, mortgage broker, or mortgage lender in Erina? Whether you’re seeking a forever home or investment property (or both), you’ve come to the right place. CoastFin lives, eats, sleeps, and breathes home loans.  The mortgage process is rife with challenges–but these challenges can all be overcome by following the correct…