Mortgage Brokers Most Trusted in Home Loans

December 18, 2011

According to a recent mystery shopper survey conducted by CoreData over a 6 week period, Mortgage Brokers came out on top being the most trusted when providing a home loan compared to a Bank or Credit Union. The survey was … Continue reading →

Struggling with cash flow – here’s a way to reduce interest!

December 18, 2011

Have you considered refinancing to get a cheaper interest rate to help with cash flow but the cost and minimal decrease in the interest rate isn’t worth it??? Another great way to help reduce your interest repayment is utilising an Offset Account. An Offset Account generally … Continue reading →

Increased LVR for Lenders Mortgage Insurance (LMI) Premium

December 18, 2011

With the continual competition amongst the banks to acquire your business, there is now opportunity to borrow up to 85% LVR before requiring Lender Mortgage Insurance. Traditionally LMI is payable when borrowing over 80% LVR for a full doc loan to protect the … Continue reading →

DEPRECIATION CAN CHANGE AN INVESTMENT

August 4, 2011

It’s important for investors to understand the effects of property depreciation and how it can change an investment, advises BMT. And with the new financial year just around the corner, now is as good a time as any.   The … Continue reading →

To Fix or Not to Fix

August 4, 2011

Once again we are back to the great debate of whether to have a variable rate or fixed rate. With the recent decrease across most lenders fixed rates, many home owners have taken up the current offers relieving the uncertainty of which way … Continue reading →