Rate cut - astounding!
At the RBA meeting today the decision was made to cut interest rates by 0.25% to an absolutely unheard of 1.5% official cash rate - on...
Beware the cost of lost opportunity
Occasionally we are presented with opportunities that we know or believe would make a difference in our lives – and sometimes they are...
Standard Variable Rate
Standard Variable Rate: An interest rate, which is applied to a loan. These may have features such as redraw facility, construction,...
Fixed rate...to fix or not to fix?
Fixed Rate: An interest rate set for an agreed term. Eg. for 2, 3, or 5 years. Fixed rates are akin to a contract – you agree to pay the...
Buying with Friends or Family!
In our area we are blessed to be surrounded by plenty of land, open space, and a lot of it is acre lots and over. And we desire it, we...
Line of Credit loan
Line of Credit Loan: This is a flexible loan that allows you to have funds transferred to your cheque account when required (it often...
What is special about a ‘portable loan’?
Most lenders offer portability with their home loans, but what does that actually mean? If your loan is portable it means you can change...
What's your best rate?
That old pearler. The thing is, that’s what everyone wants to know, I get it, but the answer is – “I don’t know, who are you & what do...
Genuine Savings...time to save!
Genuine Savings: Genuine savings are a requirement where we are borrowing more than 90% of the value of the house and simply put it means...
Capital Gains tax in a nutshell - and why it's not all bad news
The number one reason I hear for not investing in property is “I don’t want to pay capital gains tax”, so I want to explain a little more...
