Let’s face it, saving the deposit for a home can be hard when you are paying rent, and sometimes ‘life happens’. Can you achieve home ownership without the need for a full deposit? The short answer…
For years we have heard that the property bubble is about to pop, and while there have been some corrections it seems that the growth in value never seems to waver. With the onset of Covid-19 some…
We certainly live in challenging times. Covid-19 is impacting on our daily lives and many self-funded retirees are doing it tough. Interest rates are at an all time low, many companies announcing…
As the impacts of the Corona virus continues to invade into each and every Australian business the Federal and State governments are announcing measures designed to stimulate the economy and support…
First Home Buyer Home Loan
If you followed the Banking Royal Commission and the subsequent media reporting you will have heard about a new “Best Interest Duty” that is being introduced for the broking industry. Lets be clear…
Recently a Danish bank launched what is believed to be the first home loan with a negative interest rate – a 10 year fixed rate loan with a rate of minus 0.5% - yes this means that every month when…
Every day we make choices. Get out of bed? Vegemite or peanut butter on toast? Go to work? Many of these choices are so simple that we make them automatically and they really don’t require that much…
(or in our world, “grandfathering”). How long have you had your home loan? 3 years? 5 years? Have you been caught by the ‘lazy mortgage’ trap? Let’s explain what this means. Think back to when you…
We all dream of being financially secure. It is not as hard as it may seem with these 5 tips below you can begin that journey
In the home loan world the equivalent is being able to get a better deal and not taking advantage of it. Say for example you initially took out a home loan over 30 years that had an initial…
Recently the Royal Commission report into Misconduct in banking and insurance has been handed down. The report highlighted several issues within the industry that need to be resolved. While the…
We live in a world of constant economic, environmental, social, and cultural change. To a growing number of people in the community these issues also impact on how they want to bank and borrow.
How great is Christmas and all the associated holidays? The lucky ones among us have had a couple of weeks off to spend with family & friends and had a great time. Now we’re into January and so the…
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…
With official cash rates on hold for just over 2 years, is now the time to fix your home loan interest rates?
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…
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…
