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Are you being stung by the loyalty tax?

Are you being stung by the loyalty tax?

by Paul Heilig | Feb 13, 2020 | Finance, Personal, Specialties, Uncategorized

Once upon a time you were rewarded for loyalty. But borrowers with older mortgages are typically paying a higher interest rate than customers on new loans, confirms the Reserve Bank of Australia (RBA). The RBA’s study finds that the difference in interest rates...
How to avoid underinsuring your home

How to avoid underinsuring your home

by Jack Meagher | Jan 9, 2020 | Home Loan, Personal, Uncategorized

With Australia currently enduring its worst bushfire season on record, we all want to do our little bit to help out, so today we thought we’d discuss the important topic of underinsurance. Indeed, researchers are warning that the nation is facing an underinsurance...
Swipe right to buy your first home

Swipe right to buy your first home

by Jack Meagher | Dec 5, 2019 | Finance, Home Loan, Personal, Uncategorized

A new web platform described as a ‘dating app but for home-ownership’ says it can help users enter the property market in half the time it usually takes. Mortgage Mates – the brainchild of Perth-based mates Daisy Ashworth and Jess Vesely – uses algorithms to match you...
6 tips to prepare your property for valuation

6 tips to prepare your property for valuation

by Kim Novick | Nov 7, 2019 | Finance, Home Loan, Investment Property, Personal, Specialties, Uncategorized

Looking to refinance your home loan? A valuation is a vital part of the process. So today we’ll look at some ways you can help get your home in tip-top shape. When you refinance to try and get a better deal on your home loan, the lender you’re applying with will...
Caps for new first home buyer scheme revealed

Caps for new first home buyer scheme revealed

by Kim Novick | Oct 31, 2019 | Finance, Home Loan, Specialties, Uncategorized

The property price caps in each state have been revealed for the federal government’s new first home buyer scheme. Read on to find out the maximum value of a property you can purchase under the scheme. Imagine buying your first home with a 5% deposit and not having to...
Frustrating bank habit triggers probe into home loan pricing

Frustrating bank habit triggers probe into home loan pricing

by Jack Meagher | Oct 17, 2019 | Finance, Personal, Uncategorized

You know that infuriating habit the big banks have of failing to pass on the RBA’s cash rate cuts in full? Well, it’s finally triggered the federal government to order an inquiry into home loan pricing. The inquiry, which is being conducted by the Australian...
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