CASE STUDY – Vacant land purchase
Vacant Land Purchase – the clients: Mr A and Mrs A (not their real names!) run their own individually successful businesses. They also own a house each. Each house is valued at approx. $1.2m, and each mortgage is approx. $500K. They are looking to buy a vacant block of land to develop into their own […]
Hardship rates in mortgages to inevitably increase following recent increase in RBA rates.
Melbourne Cup Day brings excitement and fear in equal measure for two main reasons. For those with a short memory, the day after the Melbourne Cup, traditionally came with the following inevitable feelings: So what makes 2023 so different? The traditional hangover associated with the day after the Melbourne Cup Day is usually worst felt […]
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 […]
FINANCES ON YOUR MIND? DO YOURSELF A FAVOUR, SPEAK TO A BROKER
If you are finding it tough to meet your current financial obligations or you are just interested in reviewing your current home loan, then you are not alone. Mortgage brokers stand ready and able to assist with your options during this difficult time. Turbulent does not even begin to describe 2020 so far. As a […]
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. […]