Refinance Cash Rebates – What You Need to Know
A lot of banks seem to be offering cash incentives at the moment to tempt you to jump ship from your current lender and refinance with them. Sums of between $1000 and $4000 are being offered up for borrowers that could use some extra funds in their account, with the added bonus of switching to […]
Home Expenditure Measure (HEM) explained
There have been stories emerging in recent years about banks getting a little too familiar when assessing home loan applications. “Why did you spend all that money on duty free at the airport a few months back?”“That was a big bill at that fancy restaurant, how often do you dine out at the top end […]
Last Call For Property Finance In 2020
If you can remember back to when we were able to go to the pub, ‘last call’ always signified that the bar was about to close for the night and this was your last chance to get a beverage. ‘What? Already?’ The end of the night can creep up on you, because time flies when […]
Should you invest or buy your own home?
Whether to buy an investment property (IP) or permanent place of residence (PPOR), is really a question about the goals of the individual. Do you want to own your own home right away, start paying it down and perhaps consider investment options later? Or do you want to create long term wealth and a passive […]
Why A Low Interest Rate Shouldn’t Be A Deciding Factor
Why a low interest rate shouldn’t be a deciding factor. It’s great to save money on a cheaper rate loan. But, sometimes choosing a low interest rate can cost you more in other ways. In fact, there are a whole host of other factors to consider before lodging a loan application that could make or break […]
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 […]
Westpac Wages War On Mortgage Interest Rates
Have you seen in the media about the ‘war’ on mortgage interest rates that’s going on right now? Major banks across Australia are dropping their rates and Westpac is the latest to get involved by offering discounts of up to 105 basis points for their property investment loans. This is the second time this month that […]
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 […]
