Latest Category: Financial

Credit scores determine the ease with which you can access credit facilities like loans, credit cards, and mortgages. Having a low credit score can be a challenging experience, especially at times when you need to access said credit but can’t. Loans or credit cards can be lifesavers and can get you out of a tight

3 out of 4 of Australia’s largest banks are now offering fixed home loan rates of under 3%. That means huge things for the future of Australia, provided that customers are actually looking to lock themselves into a new home.  The National Australia Bank cut some of its fixed interest rates on home loan contacts

The Spring season for selling in real-estate has kicked off on an excellent note, solidifying the growing signs of a significant market recovery. So far, September has returned auction clearance rates at above 74% each week, with properties soaring at values of over hundreds of thousands of dollars. Some homes are even selling for over

In Australia, it’s a reality that some people are spending up to 50% of their salary on rent. For Australia’s more than 2.6 million renters, despite some small falls in the overall property prices in the past year, rents have continued to climb in the first half of 2019. To fight a similar situation in

A new analysis of house price data demonstrates that paying a mortgage on an apartment in Melbourne’s central business district could save up to $79 a week when compared to renting in the same home. For housing in Balwyn or Toorak, however, investors may be better off renting with mortgage repayments being $1278 and $1788

Financial Advisers from AMP could be on the path to ruin following terminations from the post-banking royal commission. Financial planners who actually worked for AMP are in the most trouble right now, in the wake of the Hayne Royal commission on banking misconduct.  Though AMP has tried to untangle itself from the issues with Hayne

Are you dreaming of a new apartment for you and your partner? Maybe you want to break free from the family home and strike out on your own. Whatever the reason for your upcoming apartment hunt, you’re going to need a savings strategy – and fast. The quicker you begin saving for your ideal home,

Maria and her husband Joe thought they were getting ahead in life. They had a BMW. Two investment properties. Good jobs on decent pay. But the reality was they had no savings. Instead, they owed about $100,000, not including the two mortgages, three credit cards, two car loans and bills piling up. At the same

If you’ve been looking into buying a home, then you’ve probably heard of Lenders Mortgage Insurance. Lender’s Mortgage Insurance (LMI) is a single one-off premium that’s payable whenever you take out a mortgage with a small down-payment on the home. This protects the bank against any losses that it may incur if you can’t repay

As the property investment markets in Melbourne and Sydney began to look uneasy in mid – 2017, Australian property investors were among the first to lose their confidence. However, following the result of the Australian federal election — which killed off Labor’s capital gains tax and negative gearing policies — this has given investors a