Here’s why people’s ability to borrow would do more than a proposed interest rate cut

So here we go again, the talk of more interest rate cuts. Well who thinks cutting interest rates from 0.25% to 0.1% or even zero will have an impact on our economy? Exactly, it will have no net benefit to hundreds of thousands of Australians with a mortgage as we deal with the current and […]

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Why would you refinance? (Hint: not because of rates)

According to the ABS, the number of people refinancing their mortgage increased by over 63% in the year to May 2020. Quite often people think the only reason to refinance is to obtain a lower interest rate. However, this thinking is incorrect. Typically, you don’t need to refinance to obtain a lower interest rate (more about […]

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Property Development Finance – Securing Funding

In the fifth instalment of his series on property development Bryce Yardney, property development Specialist at Metropole Properties explains in detail how to secure funding for your real estate development project.  Before you commence any development project, it is obviously crucial to first establish how much you can borrow and how you will be able to manage all […]

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Do fortnightly repayments really make your mortgage shrink?

Do you have a principle and interest home loan?  Well if so read on as this tip could save you a fortune over the years. It’s a method to best manage your home loan repayments in order to save not only interest, but years on the life of a standard, variable rate home loan. While most […]

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