We May Have Had a Rate Cut, But the Screws Are Being Turned
Whenever the Reserve Bank reduces interest rates, it is always a case of good news/bad news. Sure it is good news that mortgage repayments become lower. But it is also means that the economy is slowing. The implications of this week’s announcements are more nuanced than ever before – some investors will be […]
Six Tips to Mortgage Approval
While interest rates are low, the property market in parts of the country is red-hot, which means that would-be home buyers need to maximise their borrowing capacity if they want to buy their dream home. Here are some tips that will boost your borrowing powers: Know what the banks know The first thing any […]
Would You Like $1,000 and a Better Home Loan?
There is intense competition between the banks at the moment – and they are competing for your business. Recently, three of the major banks offered $1,000 cash-back to clients who switch to them. But the good news for borrowers does not stop there. The banks are also offering massively discounted rates; which means that once […]
Can You Be Sure You Got the Best Deal?
There are two types of home loan borrower I meet at a BBQ, those who: go to their local branch for a home loan, accept the offer they are sold and then boast that ‘XYZ bank gave me a 0.8 per cent discount for being a loyal customer!’ ask themselves how they can get […]
My Wife’s Bottom
Many of you will have heard me say this before – but my wife has a phenomenally attractive bottom. In fact, it is almost as attractive as the Opera House or the Great Ocean Road. But this week, I came across an almost as attractive bottom – and it came via the pretty dour Governor […]