Adds
Monthly Archives: July 2008
The pressure is on for home loan borrowers.
Is it time to get yourself a home loan or mortgage coach? It is a rare thing for a World-class athlete not to have a coach. Successful business people pay thousands for competent mentors/coach’s to ensure succession in key areas … Continue reading
Posted in Australian Home Loans, Historical Rates, lvr
Tagged first homebuyer, mortgage holder, mortgage loan
Leave a comment
Homebuyer Be Prepared
Should you get your home mortgage finance pre-approved before you go hunting for a home to buy? The boy scout motto of “be prepared” applies to most things in life, especially our finances. So knowing what a Home Loan Mortgage … Continue reading
Would An Equity Finance Mortgage Suit You?
Sharing risk and profit an acceptable outcome The real question here is how comfortable you are with being in partnership with your mortgage holder. It is very likely you will make a profit when you sell your house, so will … Continue reading
A Magic Mortgage Bullet
25% more buying power for first home buyers and up-graders John Howard’s legacy The 2003 Prime Minister’s Home Ownership Task Force formed by then Prime Minister John Howard, fielded a large number of new ideas about increasing the affordability of … Continue reading
Pain but no gain
Will they or won’t they? If the reserve bank puts up interest rates in August, I think we could see house prices fall across the board. My gut feel is that many home owners are on the brink. Successive rate … Continue reading
Get closer to your finance broker
How close are you to your mortgage broker or finance specialist? If you are thinking of buying a home, adding to your property portfolio or about to embark on your first investment property purchase, it is time to get to … Continue reading
Taxing times for rental property investors
Claiming your rental property deductions With more people earning income from property investments than ever before, the Tax Office will again scrutinise rental property deductions when people lodge their 2007-08 income tax returns. To help you meet the tax obligations … Continue reading
Switching mortgage providers can be costly
Watch out for exit fees when you want to change mortgage providers. Most bank and non bank mortgage providers now have exit fees built into their mortgage products. This means that if you refinance to a new lender your old … Continue reading
Posted in Australian Home Loans, Australian Interest Rates, lvr, mortgage refinance
Tagged bank, mortgage, Mortgage Broker
Leave a comment
Credit Card Statement Checking
Credit card, the silent thief in your wallet or purse? If you are a regular credit card user, either stand alone or debit, I have some disturbing news for you. There is a better than even chance that you have … Continue reading
Posted in credit cards, mortgage checker
Tagged credit card, line of credit, overdraft
Leave a comment
Australian Reserve Bank leaves Interest Rates on hold
The Reserve Bank of Australia decided to leave official interest rates unchanged at 7.25% at their recent July 1 meeting. This is the fourth month that rates have remained on hold. The reason given was that tighter financial conditions have … Continue reading