How redraw works and why it’s a handy loan feature
It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why:
Lending & Finance Archive
ANZ Lending Update
Effective 16 June, ANZ Bank will increase their Variable Interest Only home loan rates for both investors and owner occupiers…
Last of the Major 4 Banks to cap interest only loans at 80% LVR
Westpac Bank announced today the maximum LVR (loan to valuation ratio) for those seeking interest only repayments will be capped…
Overcapitalising – what is it and how to avoid it
As a home owner or property investor, you may have heard the term ‘overcapitalising’. But what exactly is it and…
Your guide to investment property loans
There are certain things to look out for when selecting and applying for a loan for your investment property. Here…
Cash rate remains at 1.50% and lending polices are expected to further tighten
The RBA has again left interest rates on hold at the historical low of 1.50%. There has been no changes…
You’ve won the auction – what happens next?
Congratulations! You’ve just bought a property at auction. Before you can move in, there are some things you need to…
Understanding which home loan features are right for you
Loans are by no means ‘one size fits all.’ Different loan types suit different age groups, different living situations and…
Your property inspection checklist
When you’re house hunting, it’s easy to get distracted by aesthetics. This checklist will help you focus on what’s really…
CBA & Bankwest temporarily suspend lending for purpose of refinancing investment loans
In breaking news CBA and their subsidiary Bankwest released communications today that they will no longer accept applications for refinance…
Cash Rate Remains Unchanged
The RBA Board announced today that there would be no change to the cash rate, it remains at 1.50%.
Six winning strategies for auctions
Auctions are competitive and stressful for most bidders. Here are six smart strategies that could improve your chances of winning.
