This is a very exciting week for Choice Home Loans Williamstown, we have moved into our new office space!!!! We are busy getting the office set up just right for future client meetings. You will be able to find us on Parker St, Williamstown and our direct number is 03 8340 0411. Adam Wadley

For all my clients who are currently in the market.....Stay Strong!!! Adam Wadley

So I have an early Saturday morning appointment with a client to sign his loan docs. I walk into my regular coffee shop and order the same coffee I always do. 2 minutes later they give me 2 coffees and I'm like I only ordered 1. Her response "looks like you need them". They know me well! Have a great weekend all! #zinging #brokerlife

Receiving feedback like this from happy clients makes my day. One of the major reasons I left corporate and became a broker in the first place was to help couples like Brad and Sarah. To be able to help young couples and small families to achieve the great Australian dream of owning their own home is very rewarding. Congratulations Sarah and Brad, wishing you many years of happiness in your beautiful home. Adam Wadley

A white label loan is essentially a home-branded loan, much like the home-branded products you see in the supermarket aisles. From my experience customers love white label products because they are a quality, cost-effective and flexible product with great service. They are not for everyone but worth considering next time you review your home loan. Adam Wadley

I frequently get asked about the difference between an offset and a redraw facility. This is a good article that explains how an offset account actually works and the benefits of having one if it is used correctly. Adam Wadley

This article is from March but I think it explains the proposed stamp duty changes for first home buyers well. I'm finding a lot of people in Victoria are still unaware of the proposed changes and what impact it could have on their finances. One of the most common questions I get asked from first home buyers is should they wait until the 1st of July to buy. My personal opinion around this is if you find a home that you love, you can afford it and you have your pre-approval in place, go ahead as you don't know where house prices will be after 1st July. I do expect the proposed changes to put upward pressure on house prices. Your approach will depend on your personal circumstances, and you need to sit down and evaluate what is best for you and your situation. As always I am more than happy to talk through your options with you. Adam Wadley

As predicted in the market, the RBA today has kept the cash rate unchanged at 1.50%. Most economists are not predicting any rate rises from the RBA until mid-2018. However, since late last year the banks have been passing on ‘out of cycle’ rate rises, especially in the investor market. This has occurred in part due to Australian regulators tightening lending standards and increased costs for the banks in obtaining money from the overseas markets. Please take the time to review your mortgage to see if you are still getting a good deal, as your loan may have been subject to rate rises recently.

These days there are hundreds if not thousands of loans available in the market, each with different features. With so many options available and the ongoing changes in the banking world, you need to have someone acting in your best interests. There has never been a more important time to make sure you receive appropriate advice on the best option for your individual lending needs. Contact Adam Wadley on 0409973381 if you would like to discuss your options further, and have someone dedicated to ensuring you are receiving the best product for you.