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Loans
What Home Loan Features Matter Most?
Buying a home is probably one of life’s most important milestones, so getting the right home loan tailored to your specific needs and circumstances is essential.
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Utilising Redraw For Your Investment Property
My client, let’s call her Rachel, is planning on moving into this property for one to two years and renovating it during that time, before moving on to her next property and renting this one out. There are many things to think about when getting a mortgage but I am only going to look at the potential tax effects of different loan structures.
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RBA Leave Cash Rate On Hold
The RBA Board has left the official cash rate on hold for the 26th consecutive month at 1.50 per cent.
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CBA To Scrap Supergear Product
CBA will SCRAP their Supergear product, effective 12th October 2018. A decision to refine their product offering to become a “simpler, better bank” is their reasoning to exit the LRBA market.
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Offset VS Redraw For Property Investors
It's a tricky decision for many, so our property expert has given some advice on what will be best for you.
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NAB Bucks The Trend
National Bank announced today that it will not change its Standard Variable home loan rate from 5.24% p.a.
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How your bank calculates a business risk
Just like you, banks are in business – and they don’t succeed by making bad deals. When they consider your loan application, they’re calculating the financial risk of entering into an arrangement with you. Let’s break it down...
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Cash rate remains at 1.50% and lending polices are expected to further tighten
The RBA has again left interest rates on hold at the historical low of 1.50%. There has been no changes to the cash rate since August 2016. However over the past few weeks out of cycle rate hikes by the major banks and second tier lenders have made front page headlines. These interest rate increases ranged from negligible increases to owner occupied loans to smacking investors and those whose loans feature interest only repayments with some significant increases.
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