Blog

When you are researching home loans you will always see the lenders actual interest rate followed by what is called a ‘comparison rate’. Why is there a comparison rate? What is a comparison rate? And more importantly how does it help you?...

With official cash rates on hold for just over 2 years, is now the time to fix your home loan interest rates? It would be crystal ball gazing to suggest where interest rates are going. We will leave that up to the economists. Some of the trends we a...

Did you know that there was a Royal Commission into the banking and insurance industries? If you haven’t can you please send us the address of the rock you are living under, because we want to come live with you. If you have it seems that fina...

Let’s face the reality, commercial banks are a business, and the more profit that they can make the better it is for them.  Every home loan adds to that profit, and almost always means that the profit leaves our communities. But, There i...

Many small businesses have previously treated the ATO as an overdraft or line of credit to fund their business when cash flow has been tight.  While this was never a great idea, it is now worse than ever to do this.  But why?Firstly, until ...

Did you know that with current interest rates (based on an interest rate of 3.75%) each $100 per week in rent you pay may support a loan of about $95,000? So, if you’re paying $400 a week rent you may be able to support a loan of $380,000. If y...

There are lots of places on the internet that provide comparisons, you can troll the net yourself and visit lots of lender websites, or you can go old school and visit a branch of all your local lenders to ask questions. The problem is that lenders ...

There are several ways to borrow to buy a home – but the two most common are save the 20% deposit that most lenders require or buy Lenders Mortgage Insurance. There are other options, have a look at our other blogs to find out more. Looking at...

Many people have the dream of owning a few acres to give their kids room to play and explore, have a horse or two, or to just enjoy the privacy of a larger block. The trouble is that depending on your lender a block larger than 10 or 20 acres can be ...

An off the plan purchase takes place where a developer needs to pre-sell units in order to obtain finance for their development. Often you will find that these units are offered at a discount to the market initially in order to get those first sales ...