There has been a lot of talk in the media lately about the possibility of interest rates going up, with some commentators and articles such as Broker News saying that a hike in interest rates would trigger a crash. If you’re an owner occupier or you’re...
No matter what age you are, when you’re working retirement seems a long way off. When you’re at high school, you’re not even thinking about retirement. You’re barely thinking about anything beyond the next weekend. When you get to university and you start working, you’re...
As we enter a new financial year, many people decide it’s the perfect time to take a look at their finances. They re-evaluate where their money is going and what cuts they can make. However before anyone decides to make a change, they must first...
Last week we talked about the new regulations that are coming into effect this financial year for first home buyers. Given that it’s the new financial year, we thought we’d follow up last week’s blog post with a blog about what property investors can and...
By now you would have seen a lot of businesses advertising EOFYS – End of financial year sales. Aside from all the discounts you can get when you’re spending money during the sales it’s a fun phrase to say and type – EOFYS, EOFYS, EOFYS. More...
When you first decide to enlist the services of a broker, there are some things that you should look out for. Choosing a broker could potentially save you a lot of money and help you get the best possible deal for your mortgage. Most people...
Unless you’ve been living under a rock the last few years, you’ve probably heard that home ownership seems out of reach for the new generation of potential home buyers. There have been dozens, if not hundreds of articles that first home buyers just can’t get...
If you’ve been following the news lately then you would have seen some articles about banks cracking down on interest only loans. An interest only loan is a mortgage that allows a borrower to only pay the interest on their loan for a period of time before...
We thought that we would blog this week about what to look for when you’re getting financial advice. When you get financial advice it’s really important that you have the right information. Your entire future is at stake and nobody wants to make the wrong...
When you don’t meet traditional lending criteria you may think that you don’t have a chance of getting a loan but that’s not the case at all. Just because you’re self employed or have started a new job doesn’t mean you won’t quality for finance....