'Finance' Category
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Nov192009
Can’t make your Payment? Act! Don’t Hide; there is an answer!
photo credit: TheTruthAbout…
What to do if I am struggling with my Mortgage Repayments?
If you are in the verge of missing your mortgage repayments, then call your lender now and make some arrangements. Most Lenders don’t want to foreclose on your property and will be willing to work with you IF you communicate with them. [...] -
Nov102009
Mortgage Broker? … He /She could be your best friend for LIFE!
photo credit: David 23
Tips for Choosing the best Mortgage Broker
If you plan on buying a new home and or refinancing your current home then it is best to work with a reputable mortgage broker. When choosing a mortgage broker, you should into account their experience and what they can do for you in order [...] -
Nov032009
Want to Own a Home Unit? Strata Title! Body Corporate! Tell me MORE!
photo credit: yeowatzup
photo credit: AndyFitz
If my property is a unit, do I have to pay for Body Corporate Fees?
When you buy a property and if it is a unit, there are certain conditions that you may want to take into account. One example of this kind of property is an apartment unit, wherein [...] -
Aug072009
Interest Rates: They Might be Hitting Bottom
Rates hit bottom but hikes not imminent
Reserve Bank Board meeting
• The Reserve Bank (RBA) has left the cash rate unchanged at a 49-year low of 3.00 per cent.
• The RBA has removed its easing bias (inclination to cut rates). For the past two meetings, the RBA indicated that there was scope to cut interest rates [...] -
Jul112009
Our Country’s Balance Sheet
Household wealth slides to 3 1/2 year low as foreign investment in Australia shares rise
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Jun262009
IMF commentary on Australia; we’re looking pretty good!
The Reserve Bank of Australia should provide the first line of defence for the economy, should it be necessary, the International Monetary Fund (IMF) has claimed, and should take extra caution when it moves to lift the cash rate.
In a consultation paper on the Australian economy released yesterday, the IMF praised the government’s [...] -
Jun132009
Happy Days! here again or not yet?
Optimism abounds!
Housing jumps again!
Consumer sentiment; Housing finance
· The consumer sentiment index has surged out of recession territory. The index rose by 12.7 per cent – the biggest monthly surge in 22 years. The index is now at 17 month highs.
· The number of new housing loans is at 14-month highs, lifting by 0.9 per [...] -
May272009
Interest Rates and the Big 4!
The following article is comes from the Sydney Morning Herald. With the concentration of market power in the hands of the Big 4, it pays borrowers to use a Broker to explore non bank loan alternatives.
Nova Star has a number of loan alternatives for home and investment loans where you are treated as a “Customer” [...] -
Feb282009
So! How’s your credit rating?
The face of the world is changing. The world is a different place from 12 months ago, and it is certainly not the same as it was even a few weeks ago. These are new and very uncertain times and the latest developments in the local financial markets are sparking many questions from people as [...] -
Jul232008
First Home Owners Guide
The process of purchasing your first home is certainly a challenging one. It can be broken down in to the following 5 steps.
Planning
Arranging
Selecting
Buying
Settling1. PLANNING
Most banks and lenders will need to see your savings history for the last 6 months to show that you can make the repayments.
Look around at the sort [...]