Will Your Bank Pass on the Full Rate Cut?

After the Reserve Bank of Australia reduced the cash rate recently, if you expected your bank or mortgage lender to pass on the full rate cut immediately, you might still be surprised to find out that you’re paying more than you should be. If your bank doesn’t consistently pass on the full rate … [Read more...]

Why Australian Mortgages Have a Brighter Future

A brighter future for mortgages isn’t something many expect to be hearing after the deep recession many have been through in recent years. So many around the world haven’t been able to afford to keep up with the high interest rates of the monthly repayments on their debts. With the Reserve Bank … [Read more...]

Women’s Superannuation Savings Can be Improved

The superannuation savings scheme has often favoured men, rather than women. This isn’t a sexist remark, but purely showing the way that men and women work their lives so differently and of course, there are always exceptions to the rule. Many women spend time out of the full-time workforce during … [Read more...]

How to Take Advantage of Government Led Home Purchase Deposits

Although mortgage rates might be relatively cheap compared to many years in the past, first home buyers have the opportunity to save money in a first-time savers account while taking advantage of great tax breaks at the same time. Your mortgage broker in Rockingham, for example, will be pleased … [Read more...]

When is a Property Too Small to Become a Home?

Some banks and home loan providers may refuse to lend money on properties that they consider too small. They are concerned that you won’t be able to sell them in the future, if the need arises. Compact living in small studio apartments is popular for renting purposes but when does a property become … [Read more...]