Book Your Free Phone Strategy Session https://inkwealth.com.au The lending market can be so confusing with so many different loan structures available. We want to simplify that for you and break them down into the 5 main categories of loan types 1. Standard Variable Rate (SVR) A Standard Variable loan usually fluctuates with changes in the…
Book Your Free Phone Strategy Session https://inkwealth.com.au In July 2017 the federal government introduced the First Home Super Saver Scheme. It was announced as part of the 2017-2018 budget. The scheme is designed to allow individuals to make additional contributions into their super accounts that can later be withdrawn to buy their first home. The…
Book Your Free Phone Strategy Session https://inkwealth.com.au You should recognise Interest rates for what they are, just the price point of the market. There is so much noise about interest rates because lenders know its their main driving marketing tool. Lenders use them to get you in the door – once in they then steer…
Book Your Free Phone Strategy Session https://inkwealth.com.au The smart use of Offset Accounts could literally save you thousands off your mortgage and allow you to own your home sooner. An offset account is a savings account or transaction account linked to your home loan account. The account balance is ‘offset’ daily against your home loan…
When is the best time to refinance my mortgage? The short answer is: Whenever it makes financial sense to do so. The lending market is so vibrant and flexible these days. It has really opened up the ability for people to change their lending arrangements depending on a whole host of circumstances. Not so…
At the peak of the market last year 40% of all new loans were Interest Only. Interest Only loans are typically for 5 years and then you either apply for another 5 years Interest Only or it rolls onto a Principle and Interest repayment. Regulators are concerned people may not be able to afford…
