The Value of Refinancing

Sep 13, 2021 11:51:05 AM

Australians are missing out on the full potential of refinancing. Results from a recent study into borrowers’ understanding of refinancing, and their reluctance to refinance, has revealed a number of startling results. And if you need a reminder about the value of refinancing, here’s a case study from mortgage broker, Alisha Scappin who recently helped her client save $65,000 by refinancing a home and investment property.


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Topics: Mortgage Broker, Financial Health, Refinancing

Hosting the 2032 Olympic Games a Boost for Brisbane

Aug 25, 2021 8:45:50 AM

If past Olympic Games are anything to go by, hosting the 2032 Olympic Games will stimulate the host city’s economic recovery and create thousands of jobs for locals. What’s more, off the back of major infrastructure being planned ahead of the games, economists are predicting a significant rise in house values across Queensland’s south-east corridor, with a number of property hot spots already being identified.


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Topics: Financial Health, Health and Wellbeing, COVID-19

3 Steps to Being Mortgage-Free

Aug 23, 2021 1:53:28 PM

For many Australians, the key to a comfortable retirement lies in being mortgage-free. Yet many homeowners struggle to pay back their mortgage ahead of retirement, while some even end up with a bigger loan than when they started. If you’re working towards being mortgage-free, there are a few strategies that can help you get there. In this guide, we outline 3 steps to being mortgage-free.


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Topics: Financial Health, Health and Wellbeing, COVID-19

Tackling Mortgage Stress

Aug 23, 2021 1:52:27 PM

Mortgage stress. That’s the term used to describe the financial stress felt by those homeowners who devote more than 30 per cent of their income to paying a mortgage. Those dealing with mortgage stress may be struggling financially, finding it-increasingly harder to make ends meet, living from pay check to pay check. If you’re facing a similar situation, here’s a useful guide to recognizing mortgage stress, and some ways to help you tackle it.


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Topics: Financial Health, Health and Wellbeing, COVID-19

Financial Support During Lockdown

Aug 11, 2021 12:29:24 PM

Tens of millions of Australians are currently affected by the extended lockdown restrictions in New South Wales and Victoria, many of whom will be unable to work or earn an income during lockdown. Along with a host of Government support packages targeting those businesses impacted by a loss of earnings, lenders are stepping up to assist their customers affected by tightened lockdown restrictions. Read on to find out what support may be available to you.


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Topics: Financial Health, Health and Wellbeing, COVID-19

Supporting Individuals and Households During COVID-19 Crisis

Aug 10, 2021 5:04:20 PM

As Australia continues to deal with a resurgence of COVID-19 cases across the country, Government has announced an increase in the COVID-19 Disaster Payments for those affected by Commonwealth-declared COVID-19 hotspots. For those outside the declared hotspots, who may still be affected by lockdown restrictions, states and territories are also providing financial assistance. Here’s a brief synopsis of the support you may be entitled to.


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Topics: Financial Health, Health and Wellbeing, COVID-19

Support for Businesses and Workers Impacted by COVID-19 Lockdowns

Aug 10, 2021 5:01:40 PM

On 28 July 2021, federal government, in conjunction with NSW and Victoria state governments, announced that it would be extending new support packages to businesses impacted by extended lockdowns. And more recently, South Australia and Queensland state governments have also offered support. If your business has been impacted by the COVID-19 outbreak, read on to find a brief snapshot of the financial assistance or other types of relief you may be eligible for.


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Topics: Financial Health, Health and Wellbeing, COVID-19

How a Redraw Facility Works

Jul 21, 2021 12:51:07 PM

Getting a home loan with a redraw facility is a useful and flexible financial tool. Any extra funds you pay into your home loan, can be withdrawn when needed, to cover emergencies or pay for unplanned expenses. At the same time, those extra funds save you money too, as any extra repayments on your loan also lower how much interest you’re charged. To find out if a redraw would suit your home loan, here’s more on how a redraw facility works.


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Topics: Mortgage Broker, First Home Buyer, Home Loans

5 Things to Consider When Buying Your First Home

Jul 20, 2021 1:14:59 PM

Buying a first home is a significant milestone that takes commitment to saving, careful decision making, and considered planning. The biggest hurdle for most first home buyers? Saving a deposit. Depending on where you are in Australia, it can take as long as eight years to save enough, all the while chasing down rising house prices which means having to save even more! If you are ready to buy your first home, here are a few things to consider.


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Topics: Mortgage Broker, First Home Buyer, Home Loans

5 Mistakes to Avoid When Buying a Car

Jul 2, 2021 8:46:42 AM

Buying a car isn’t like buying an item of clothing! You can’t return it if you don’t like it. And unless there’s an actual fault, the seller has no obligation to refund you or to accept any liability if you’ve simply changed your mind. Because the car buying process is fraught with opportunity to make bad decisions and even lose money, it helps to know in advance what pitfalls you may face. Here are 5 mistakes to avoid when buying a car.


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Topics: Insurance, Mortgage Broker, Financial Health