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Lending
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.
... read moreYou’ve won the auction – what happens next?
Congratulations! You’ve just bought a property at auction. Before you can move in, there are some things you need to do. Remember, it’s always recommended to seek legal advice when purchasing a property.
... read moreUnderstanding which home loan features are right for you
Loans are by no means ‘one size fits all.’ Different loan types suit different age groups, different living situations and even different attitudes to money.
... read moreYour property inspection checklist
When you’re house hunting, it’s easy to get distracted by aesthetics. This checklist will help you focus on what’s really important at a property inspection.
... read moreCBA & Bankwest temporarily suspend lending for purpose of refinancing investment loans
In breaking news CBA and their subsidiary Bankwest released communications today that they will no longer accept applications for refinance of investment loans as of Monday 13th February.
... read moreSix winning strategies for auctions
Auctions are competitive and stressful for most bidders. Here are six smart strategies that could improve your chances of winning.
... read moreHow to add maximum value with renovations
Renovating is one of the best ways for property owners to increase the value of their homes. If you’re looking to add value to your home, but don’t want to renovate every room, it can be difficult to decide where to start.
... read moreMore than home loans: why a broker can help you with commercial & asset finance
Mortgage brokers have expertise in residential and other property loans. They can also play an important role in helping businesses find and secure commercial and asset finance at competitive rates, by leveraging their network of lending institutions.
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