Katrina Parrington

Mortgage & Finance Broker, Elders Home Loans – Northern Territory – P. 8932 8900

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  • Elders Home Loans

  • Katrina Parrington

    I am a long term Centralian resident with more than 18 years experience in the financial services industry. Initially, in Real Estate in Adelaide before pursuing a career with Elders Insurance Alice Springs and lending roles with major banking institutions where I gained extensive experience in Home Loans and Commercial Lending here in the Alice and in Darwin.

    I have a unique set of skills that ensures I understand your lending needs and can provide you with professional advice and personal service.

    Tel: 08 8953 8800
    email: katrina.parrington@eldershomeloans.com.au

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Posts Tagged ‘Home Loans’

NT Government Must Re-Think Housing Affordability Across the Territory

Posted by Katrina Parrington on May 6, 2015

The reserve bank of Australia has taken a national perspective on the economy by taking the brave step of cutting theEldershomeloans_0014 - Copy interest rate once more.  This decision was taken despite the strong rise in Sydney property prices.   Trends in other cities and Australian towns are varied.

Interest rates are at incredible lows but as well as the Reserve Bank making adjustment,  the NT Government must consider what adjustments it can make to help home owners into their first home and to stimulate competition in business to make home ownership more affordable overall. Read the rest of this entry »

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Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, land shortage, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on NT Government Must Re-Think Housing Affordability Across the Territory

Know about tax deductions for your property | The Real Estate Conversation

Posted by Katrina Parrington on April 28, 2015

Know about tax deductions for your property | The Real Estate Conversation.

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates | Tagged: , , , , , , , , , , , , , , , , , | Comments Off on Know about tax deductions for your property | The Real Estate Conversation

Which Inner City Suburbs Are Most Affordable

Posted by Katrina Parrington on April 27, 2015

images[7]CoreLogic RP Data’s weekly Property Pulse shows which suburbs have the most affordable median value near the CBDs of Australia’s capital cities.

According to the data, the median value for Sydney’s inner city houses is significantly higher than the rest of the capital cities, with Turrella as the most affordable suburb in Sydney having a median house value of $839,676.

Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, land shortage, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Which Inner City Suburbs Are Most Affordable

IS IT A BUYERS OR SELLERS MARKET?

Posted by Katrina Parrington on April 22, 2015

FHOG pictureWhile the pendulum swung slightly in favour of sellers over the quarter to Jan 2015, market conditions in Australia as a whole remain balanced, according to the latest Commonwealth Bank-CoreLogic Home Buyers Index buyers.

In other words, supply and demand are roughly equal. A closer look at the figures, however, reveals that conditions vary greatly in different property markets around the country.

Why is this important?

Understanding whether you’re in a buyer’s or seller’s market can give you the edge when it comes to property negotiations. In a seller’s market, where demand is high, the seller can often negotiate a higher price. In a buyer’s market, where supply exceeds demand, the opposite is true.

Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, land shortage, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on IS IT A BUYERS OR SELLERS MARKET?

Scrap stamp duty, says Property Council | The Real Estate Conversation

Posted by Katrina Parrington on April 21, 2015

Scrap stamp duty, says Property Council | The Real Estate Conversation.

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, land shortage, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Scrap stamp duty, says Property Council | The Real Estate Conversation

RBA Announces Cash Rate Notice

Posted by Katrina Parrington on June 3, 2014

by Calida Smylie | 03 Jun 2014236/19 B Kitchener Drive, Darwin, NT 0800

There were no shocks for interest rates today with the Reserve Bank of Australia leaving the official cash rate on hold yet again.   The board has reiterated its firmly neutral stance and kept the cash rate on hold for the tenth consecutive month at a record low 2.5%.  

Governor Glenn Stevens said the board decided to do so as growth in the global economy is continuing at a moderate pace, helped by firmer conditions in the advanced countries. Read the rest of this entry »

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Credit Reporting Changes Effective 12 March 2014

Posted by Katrina Parrington on March 11, 2014

If you are like most people, your eyes will glaze over when words like “the Privacy Act” and “credit reporting changes” are mentioned. While the subject can be as dry as toast, your credit report will play a vital role in your ability to own your own home, buy your dream car, or obtain a credit card to take on your overseas holiday… and suddenly it’s not so boring anymore!

Read the rest of this entry »

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RBA Keeps Interest Rates on Hold

Posted by Katrina Parrington on October 1, 2013

The Reserve Bank of Australia (RBA) has announced the outcome of their monthly board meeting.

The RBA decided that the cash rate will remain on hold at 2.50 per cent for October.

The decision to leave the cash rate was widely predicted, as consumer and business confidence edges higher and the real estate market continues to recover.

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Knowledge is Power when it comes to your Home Loan

Posted by Katrina Parrington on September 6, 2013

Knowledge is power when it comes to negotiating the best deal possible for your mortgage!

Do your homework and be definite about what you do or don’t need your mortgage to do.  Packages are offered across the banks with interest rate discounts based on borrowing volumes and sometimes LVR’s (loan to value ratio’s which simply is debt divided by the value of your property) the lower the ratio generally the stronger the deal.

Get a strong understanding of your current lending needs and the type/s of loans you currently hold ie. variable or fixed.  Consider your future lending/investment needs – be honest with yourself clarify your potential lending needs and develop an accurate and complete financial picture.

If you are uncomfortable wrangling with the bank get your local lending professional to do it for you,

Mortgage Brokers work across all of the banks and have this information at their fingertips.  Any Broker worth their salt should be negotiating the best deal possible for their client as a matter of business.

At the end of the day you need to present your lending needs in the best possible light.  Amplify your strengths, highlight strong income, good equity, clean account conduct these are all positives for the bank and for you.  Make it clear that if your bank is not prepared to negotiate you will move your business to a bank that is prepared to work with you.

And, yes there are costs in refinancing – some banks will assist a client with these costs to make refinancing existing lending easier should your current bank refuse to assist.  If the reimbursement of costs is not available do your numbers to ensure you’re making the best move before you jump.

Don’t accept advertised rates, scour the market, research what other financial institutions are offering and armed with this knowledge bargain with your bank.

You don’t get what you don’t ask for is the motto I go by and generally I can shave up to 1% or more off the banks advertised rate armed with knowledge and  a bit of negotiation.

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, Major Banks | Tagged: , , , , , , , , , , , , , , , | Comments Off on Knowledge is Power when it comes to your Home Loan

Linkedin Recommendation

Posted by Katrina Parrington on August 28, 2013

Peter van Heusden has recommended your work as Principal – Elders Home Loans, Northern Territory at Elders Home Loans – Alice Springs.

Dear Katrina,
I’ve written this recommendation of your work to share with other LinkedIn users.

Details of the Recommendation: “We have now used Katrina 3 times and have never considered going anywhere else even though we moved away from Alice Springs.
If you want to work with someone you trust Katrina is the one for you.”
Service Category: Financial Advisor
Year first hired: 2010
Top Qualities: Great Results, Personable, High Integrity


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