Thinking of fixing your home loan rate? Look before you leap.
Thinking of fixing your home loan rate – beware – look before you leap. Anyone with a memory longer than 4 years will recall that home loan interest rates during Covid were ridiculously low. It also showed how little predictive power people who set these rates actually have. The common thinking in 2021 and into […]
EXPLAINER: FIXED-RATE LOANS
With interest rates at an all-time low, and many lender’s fixed rates lower than their variable options, locking in an interest rate on your home loan to guard against possible future fluctuation may be attractive. However, it pays to know the ins and outs of fixed-rate loans before committing to one. When purchasing a property, […]
SELLING YOUR HOME? HERE ARE THE FIRST STEPS TO TAKE
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 a favourable result from your investment and to ensure the process runs as smoothly as possible. Choose a quality agent Asking family […]
RISING INTEREST RATES: THE FAT MAN’S DIET
There are two things you rarely see together – diets and economics. Diets are needed but rarely work long term by themselves. Economics always seems to have the answers works, but never before the fact. Economics is that most wondrous of lifetime pursuits that lends itself to an unending search for rational explanations of social phenomena. […]
CBA WOES: DON’T BLAME THE PLAYER, BLAME THE GAME!
We have to be concerned about the apparent lack of competition in the Australian Financial Services industry. The latest scandal to emerge from the industry – the allegations against Comminsure on the ABC’s Four Corners program – was instructive, not so much for any alleged wrongdoings by CBA, but more so the deafening silence from […]