By Shane | Uncategorized
The Reserve Bank of Australia (RBA) announced on Tuesday 2nd of October 2018 that they had decided to leave interest rates unchanged. Despite this, borrowers should not rest on their laurels…Continue reading
By Shane | Uncategorized
The number of lenders offering loans to Self-Managed Super Funds (SMSF) has just gotten smaller. A major lender in the space has announced that they will stop offering new loans to SMSFs after the 20th of October and will restrict the options to existing borrowers. Continue reading
By Shane | Uncategorized
Building equity is beneficial for every homeowner. Your home is a big asset, and it represents a large portion of your financial future – it can be used to finance a child’s university fees or to supplement retirement savings. In this blog, we will take a look at how to build home equity. Continue reading
By Shane | Uncategorized
For years now, I have used a five-minute phone call that has saved me thousands of dollars. In this post, I want to share with you how you could do the same…
By Shane | Uncategorized
Westpac kicked it off… the dreaded out of cycle interest rate increase.
They raised the interest rates on their variable mortgages a few weeks ago, which surprised many since interest rate increases from the banks usually coincide with the Reserve Bank of Australia (RBA) increasing rates.Continue reading
By Shane | Uncategorized
If you’re in the market to buy a new property or refinance an existing one, then the concept of Loan-To-Value ration (LVR) is an essential concept to understand. It is particularly important for property investors as it allows the astute investor to understand their equity position and whether they are able to start planning their next property acquisition.
In this article, we will cover off on what loan-to-value ratio is, why LVR is important, and how to calculate LVR.
By Shane | Uncategorized
The First Home Owner Grant has changed numerous times over the past few years. In 2017, the NSW Government announced the First Home Buyers Assistance Scheme that offers stamp duty exemptions for first home buyers who buy a property worth less than a certain limit. Read this blog post to learn more. Also on offer is a grant for first home buyers who are looking to purchase a new home or build their home. Continue reading
By Shane | Uncategorized
In 2017, the NSW Government announced that they would be making changes to the assistance that was available to first home buyers in New South Wales. Previously, there was a grant available to those home buyers that purchased a new property. Now, there are concessions on stamp duty for eligible first home buyers. Read on to learn more. Continue reading
By Shane | Uncategorized
Have you ever wondered if there was a way to pay off your home loan sooner? Interest rates are at historic lows, and whilst there is plenty of speculation about which way they will move next, it is still a great time to capitalise on opportunities to smash your debt. Let’s take a look at 10 tips that could help you shave years off your home loan. Continue reading
By Shane | Uncategorized
In Australia, there are a number of ways to structure your home loan repayments. Finding the best option may save you time and money on your mortgage. Here is some information to help you choose the repayment structure that works best for you.Continue reading