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...
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...
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...
This week the Sydney Morning Herald reported that Commonwealth Bank would be tightening their lending restrictions again. Up until now, home buyers have been able to take out interest only loans. On the surface they can look pretty good because you only need to pay the...
Earlier this week the federal budget came out, with there being a few different measures in place to help first home buyers and some to motivate existing home owners to downsize to free up larger properties for young families. If you haven’t caught up with...
Property is one of those hot topics that everyone is interested in. It doesn’t matter what stage of life you’re at, everyone’s talking about it. It all starts when you finish high school or leave home and suddenly you’re confronted with the possibility of paying...
The chances are high that if you’re reading this blog then you’re interested in the property market. It might be that you’re already saving for a property, or that you feel as if it’s completely out of reach and that you’ll never be able to...
You may have read on loan application forms that it’s important to completely disclose your financial situation. It’s possible that you’ve dismissed it as well and thought that telling a couple of white lies won’t hurt, but it actually can. In the best case scenario you’ll...
When you think of comparison rates, you probably think of all interest rates that are available on the market, but were you aware that some interest rates are not actually comparison rates? If you weren’t then we’re here to help you out and give you...