In my view
Market shows signs of movement

Eddie Jaworski
Director/Finance Broker
0419 916 991
eddie@3dhomeloans.com.au

Welcome to this the first issue of our newsletter for 2009.

In the past few weeks you may have noticed that real estate signs in your area are increasingly displaying SOLD and UNDER OFFER stickers.
According to reports, attendances at home opens are up and in first home buyer areas there is a noticeable increase in activity.
According to the Australian Bureau of Statistics first home buyers took up some 25.4% of the home loans issued in Australia in December 2008 – the highest since 2001!

It’s, however, not just first home buyers who were responsible for most of the demand.
What is clearly indicated is that people are beginning to realise that things are not as bad as portrayed in the press. Employment is still high, house prices are down to affordable levels and interest rates have dropped dramatically. As a result they have taken a conscious decision to just get on with it.
Certainly, the dramatic interest rate fall over the past six months has generated excitement among buyers, as has the decline in house prices. But that doesn’t mean you should sign up to a loan package without understanding all the implications.
Now more than ever you need the advice of a specialist finance broker who can tell you which loan is best for you, taking into account not just the interest rate but also the many other critical factors that can make the difference between a ‘good’ and ‘bad’ loan.

So, come in for an obligation free consultation before you sign on any dotted line.