Banks vs Brokers

I get asked this question a lot still to this day. "why should I should I see you instead of using a bank directly" The question is still valid and I am more than happy to discuss this question. The biggest difference that we see is the ruling that us brokers are bound by. That is we are bound by "best interest duty" which means ... More

Why should I refinance?

Why should I refinance?

It surprises me when I meet a client for the first time and realise that they haven't even opened their home loan statement. What clients can fail to do is check just how much their home loan rate has increased year on year. It is the old place a "frog in hot water" example. What is that you ask? If you place a frog in ... More

Are you Burning Money each month?

Are you Burning Money each month?

I have been in finance now for the last 10 years. 7 working for someone and 3 and half year years working for myself. In this time I consistently see clients that have a home loan, a car loan, a personal loan and credit card debt. Surely not Tony? Surely they know there is a better way. Unfortunately, its true. And most of the ... More

Breaking news - Interest rate update

Breaking news – Interest rate update

The Reserve Bank of Australia has decided to leave the official cash rate unchanged at 1% as it awaits fresh economic data to allow it to assess the impact of its June and July cuts. In making this decision not to drop rates again the RBA will have considered some early evidence of an improving housing market following its previous cuts. ... More

LOW INTEREST RATE

3.99% Interest Only 3 Year Fixed Rate

3.99% Interest Only 3 Year Year Fixed Rate....yes, its not an error! I knew this day would come! We are now seeing all the banks dropping their rates likes it's going out of fashion as the Market really has had a massive hit! This means that I can now secure you a 3.99% rate on an Interest only loan for investment. Finally, we are ... More

Interest rate update

Interest rate update – Nothing Changed?

It is indeed interest rate update time and guess what? The RBA has decided to leave the official cash rate unchanged at 1.5% for the 28th consecutive time... I would like to share some thoughts on why the Reserve Bank of Australia has made this decision. Following its February meeting, the RBA said the case for the next rate move to be a ... More

Bad-Credit

bad credit? Is it a total barrier to a home loan?

Your finances can get a bit out of control sometimes, for all sorts of reasons. Illness, divorce, redundancy – sometimes, just getting overwhelmed with things to do and accidentally missing a bill payment. The end result can be that you get put in the bad credit basket. Even if you sort it out and pay the overdue bills or fix up a default ... More

Your coffee habit could be keeping you in mortgage debt

Your coffee habit could be keeping you in mortgage debt

Your every day espresso propensity could be keeping you bolted into your home loan for any longer than should be expected, as indicated by Nicole Pedersen-McKinnon, fund teacher, reporter, and ASIC represetative. "Your tastes may hurried to cappuccino, which figures from the Skip requesting application propose is most basic in Sydney and ... More

Home loan pressure could intensify in the mining areas

Home loan pressure could intensify in the mining areas

Rising home credit loan costs may push contract pressure assist into hoisted an area in mining locales and different parts of the nation with sickly work markets, contract protection monster Genworth Financial cautioned on Wednesday. As indicated by Genworth, a higher extent of mortgage holders in Queensland and Western Australia have ... More

Applications drop in Q2

Applications drop in Q2

The most noticeably bad hit will probably be the individuals who swam into foamy capital-city lodging markets at the last part of the blast. In its most recent gathering the RBA cautioned that upwards of eight authority rate climbs are en route as the money rate sets out toward another ordinary of 3.5 for every penny, while the Australian ... More