Dip into our inkwell…
…the place where we pool our thoughts on all things wealth-related
Whether you’re after lower repayments or want to tap into the equity sitting in your home, refinancing can offer a world of benefits. Here are some things to be aware of so that you don’t find yourself hooked into a bad deal. Don’t be fooled by the interest rate Finding a lower interest rate doesn’t…
Purchasing a property is a thrilling yet nerve-wracking experience, which is why it can be handy to surround yourself with a network of support and expertise. Here are the different parties who may be involved in your home-buying process and how you can use this valuable knowledge base to answer your questions. Real estate agent…
Due to the risks involved, strict guidelines are imposed on business finance, so securing approval can be difficult. Here are a few mistakes to avoid to increase your chances of approval. Not knowing your credit score Many consumers may not realise the importance of a credit score. Not only is it taken as a reflection…
Urgent maintenance is an unavoidable aspect of being a landlord, so having a cash buffer set aside will help you deal with any unexpected problems. When renting out an investment property, having access to extra cash is vital for two reasons: to cover the costs of maintaining the property, giving it the best chance…
Entering the property market is no easy feat for a first homebuyer, but even parents who aren’t prepared to hand over cash for a deposit may help by being a guarantor on a loan. Before taking the plunge however, it’s crucial to be aware of the implications involved. Here are three questions to ask yourself…
Revert rates kick in at the end of the fixed rate or introductory rate period of a home loan, yet many borrowers are unaware of their existence. If you don’t choose to re-fix your home loan when its term expires, the rate usually reverts to a variable interest rate. This ‘standard variable’ rate is often…
Spring is here and you’re preparing your home for sale. You know that it needs to be clean and tidy for the endless procession of open house inspections, but is this enough to secure the best sale? Here we look at the tips and tricks home stylists use to make a home memorable to potential…
Offset accounts are known for their ability to save money, but is the balance of your offset account high enough for it to deliver results? An offset account is a transaction account linked to your home loan. The money in this account is deducted against the balance of your loan, reducing the amount of interest…
Despite the growth in median house prices, a new report shows that Australians are still keen on home ownership. KPMG’s Australian Home Loan Market survey found that 63% of respondents plan to apply for a mortgage in the next two years. Over 600 KPMG professionals aged 21-65 years with annual incomes of between $70,000 and $250,000 took…
There is more to selling your home than putting up a ‘For Sale’ sign on your front lawn. Here are the first things you should check off your list to help you get the largest return from your investment and to ensure the process runs as smoothly as possible. Choose a quality agent Asking family…
