Category: Tips Home loans
Pay off your home loan in 6 years | Offset Accounts deconstructed
I just opened a Property Investor magazine today and saw this property investment spruiker advertising “ Pay off your loan in less than 6 years” and i said myself , “Geez thats what i need” . No really – i dint tell myself that , because there is so much more to that statement than […]
Important & useful tips for people with bad credit history
A person with bad credit history generally finds it very difficult to live without access to credit. Credit is the need of everyday life. Banks fear while lending to people with bad credit home loans history due to the great deal of risk involved. Loans issued to people with bad credit mortgage history could easily […]
Official cash rate cut announced of 25 basis points
At the RESERVE BANK OF AUSTRALIA Board Meeting today, it was decided to lower the cash rate by 25 basis points to 3.25 per cent, effective 3 October 2012 RBA governor Glenn Stevens said the outlook for global growth had softened with China’s expansion now tracking at a slower pace and continuing weakness in Europe. […]
Key Fact Sheet– Now Banks Have to Reveal All Upfront
New loan info sheet (KFS) regulation makes bank reveal all for loans & mortgages The key fact sheet ( or KFS) has just been introduced by the government since 1 Jan 2011 , making it better for consumers to make a better choice while choosing their new home or investment loans. This has been brought […]
Saving tips on your home loan
Example ( saving on Interest home loans and shortening the loan term )
