Knowledge is Power – Take Time to Power Up!

Knowledge is Power – Take Time to Power Up!

Knowledge is power.

 

What does the future hold?  With increasing inflation and the Australian dollar value who knows whether the spate of interest rate rises the country has been perceptible to, is over.  No body knows.  It is likely that there could be more interest rate rises on the way.  Although there are many economists predicting rates to stay on hold for at least the remainder of this year.

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Relocation Loans: How do They Work?

Relocation Loans: How do They Work?

Relocation Loans: How do They Work?

Firstly what is a relocation loan? There are a number of variations, but essentially they are most commonly used if a purchaser has entered into a contract to purchase and are relying on proceeds of the sale of another property, with later settlement date. The financial institution lends the client the funds required to purchase the new property using both properties as there security for the loan. Once the other property is sold the loan is either paid out or reduced to what is referred to as the residual mortgage.

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Five Ways to Pick a Winning Introductory Home Loan

Five Ways to Pick a Winning Introductory Home Loan

Five Ways to Pick a Winning Introductory Home Loan that’s right for you!

 

There are many things to consider when choosing a home loan that’s right for you.  To an untrained eye an introductory home loan also known as honey moon loans can appear to be the cheapest on the market but you need to take into considerations the loan’s conditions.  Even though the introductory interest rate is appealing you need to look at the bigger picture.  Below are five ways you can pick a winning introductory home loan to ensure you are still happy after the honey moon period is over.

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