Top tips for saving in 2017

Jan 13, 2017 5:54:59 AM

If 2017 is the year you kick your spending habits and get on the road to saving, then read on. When it comes to saving money, making a few changes to old habits can result in significant savings. To get your finances off to a good start in 2017, we’re sharing our top tips for saving.

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Topics: Mortgages, Savings, Budget, Resolutions, 2017

Why Property is the Best Investment

Dec 26, 2016 7:35:00 AM

While most people have an opinion on which areas are best for buying property, they all tend to agree that property is the most trusted investment. For the average Australian wanting to grow their own financial independence, property easily outperforms most other types of investments. By buying well and adding value to your property, you’re guaranteed a return on your investment. Take a look at why we think property is the best investment.

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Topics: Australia, Property Investment

Fixed or variable interest rates – which is right for you?

Dec 19, 2016 5:08:17 AM

With interest rates at record lows, it’s a question many homeowners are asking: which type of home loan should I choose? Fixed or variable interest rates? It’s impossible to predict which way interest rates will go, and the fact is, that both types of home loan have their pros and cons. We’ve outlined what these are to help you make an informed decision about whether to fix or to float.

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Topics: Finance Update, Variable Rates, Fixed Rates

Getting pre-approval for your mortgage

Dec 15, 2016 6:08:53 AM

Before you start house hunting for your dream home, it’s a good idea to get pre-approval for your mortgage. A pre-approval gives you peace of mind knowing how much you can buy for, shows sellers you’re serious about buying, lets you bid at auctions, and puts you in a better negotiating position when it comes time to make an offer. Read on to find out more about getting pre-approval for your home loan.

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Topics: Pre-approvals, Mortgages, Mortgage Broker

Preparing your home for a summer sale

Dec 9, 2016 8:55:25 AM

Selling your home in summer lets you show it off at its very best. But enticing prospective buyers in can be tricky, when many prefer to avoid attending open homes when it’s just too hot. To help get your home summer-ready in time to sell, we’re sharing our tips. Embrace those lazy summer days with a few simple chores to make your home a cool and welcoming oasis for prospective buyers.

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Topics: Selling, Australia, Summer, Selling your Home

How do lenders assess home loan applications?

Nov 28, 2016 8:00:00 AM

When applying for a home loan, it helps to understand how lenders assess you and your situation. Whether it’s a bank, an independent lender or a financial firm, applications are carefully assessed before they are either approved or declined. And while credit policy may differ amongst lenders, all lenders follow similar guidelines when assessing loan applications.

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Topics: Australia, Loans, Credit Check

How to avoid paying Lenders’ Mortgage Insurance

Nov 21, 2016 7:00:00 AM

When buying your first home every cost saving counts. But if you’re struggling to save a large enough deposit, there’s a good chance you’ll have to pay Lenders’ Mortgage Insurance. Lenders’ Mortgage Insurance can be a sizeable cost, so it’s worthwhile finding out about it up front and factoring it in. There are a few ways you can avoid paying Lenders’ Mortgage Insurance and we’ve broken those down for you here.

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Topics: Australia, Insurance, Mortgages, Lenders, LMI

All you need to know about debt consolidation

Nov 17, 2016 10:52:56 AM

Does it feel as if you can’t keep track of all of your debt? Are you missing repayment dates? Do you need help reducing your debt? If you need to take control of your debt, a debt consolidation loan may be the answer.

While it may feel a little like you’re simply moving your problem to another loan, a debt consolidation loan can help simplify your repayments and can even help reduce your debt over time. To help you decide whether or not a debt consolidation loan is the right decision for you, here are a few things you need to know.

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Topics: Australia, Debt Consolidation, Mortgages

Getting a mortgage when you are self-employed

Nov 11, 2016 8:27:11 AM

Running your own business and being self-employed needn’t mean the end of your home ownership dream. It’s true that self-employed borrowers will need to jump through a few extra hoops in the mortgage application process, but it’s not impossible. If you work for yourself and you’re looking to buy your first home or to re-mortgage your existing property, take a look at our guide to getting a mortgage when you’re self-employed.

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Topics: Australia, Loans, Mortgages, Mortgage Broker, Self-Employed

Debt versus income reaches record new levels

Oct 27, 2016 6:45:00 AM

If you’re already find it hard to get a mortgage and a foot onto the property ladder, it may be about to become even tougher. According to figures released by the Reserve Bank of Australia our nation’s level of debt compared to income has risen again, this time reaching record levels. And, as the number of first home buyers choosing interest-only home loans grows, we ask just how risky is this type of lending? Read on to find out more in this month’s finance article.

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Topics: Australia, Finance