Are You Benefiting From The Full Interest Rate Cut?
The new financial year brought a new, record low interest rate when the Reserve Bank of Australia (RBA) reduced the rate on 2 July by 0.25 basis points to 1%. What does this mean to you, the homeowner? Well, it depends on which bank you are with. Not every bank has passed on the rate […]
What Is A Credit Report?
Credit Report Now that banks are using comprehensive credit reporting as part of the loan application process it has become crucial to maximise your credit score and choose a broker carefully. What is a credit report? A credit report is an extensive record of all your finance enquiries. It includes any missed or late payments […]
Interest In Advance
Interest in advance. If you have an investment loan, you may be able to save money and streamline your cashflow by paying next year’s interest in advance. According to Rose Renouf, CEO of Zinger Finance, most people don’t know this option is available – yet there are plenty of people who would benefit from it. […]
Property Interest Rates On The Rise?
There are a lot of changes taking place in order to help banks make more money (not that they need to). And even though the RBA isn’t moving their interest rates, property interest rates are on the rise after the banks decided they’ll do so independently. The first change to take place was announced last […]
How To Find The Best Home Loan
How To Find The Best Home Loan Whether you are buying your home or building an investment portfolio, finding the best home loan starts with a clear understanding of your needs and objectives – not just now, but in the foreseeable future too. The best home loan is rarely the one with the […]
Where Can I Find The Lowest Home Loan Rate?
Where Can I Find The Lowest Home Loan Rate? If you want to find the lowest rate home loan, you may be doing yourself a disservice. Like most consumer products, a cheaper price doesn’t necessarily mean the best value. In fact, the cheapest product on the shelf may be the worst on offer. […]
How Soon Can I Withdraw Equity?
How Soon Can I Withdraw Equity? If you plan to build a property portfolio, you need to be able to withdraw equity. Before entering a mortgage, you need to know how soon you can withdraw equity. Here are a number of questions you need to ask before agreeing to any loan! 1) Can […]
How Much Can I Borrow?
How Much Can I Borrow? Calculating how much you can borrow is not as simple as you may think. Different banks might come to different decisions on how much to lend you. Here are some things they look at before deciding. Lending Is Case By Case Finance Manager for Zinger Finance, Graham Turnbull, says […]
How One Young Sydneysider Got On The Property Ladder
Age: 25 Occupation: Finance Customer Service Manager Properties Owned: 1 Property Type: Old tenanted house (to knock down and build a modern duplex) Plan …
Do I Need a Finance Strategist?
Searching for finance can be overwhelming at times. You don’t know where to start and there are so many options available to you, how do you know you are …
