Have you ever let a small debt to a utility company, or a mobile phone company lapse and forgotten about it? It may seem like a really minor thing, especially if it is a small amount, but in the eyes of many home loan lenders that is a deal breaker. These are called defaults and they stay on your . . .
Many people are asking us this exact question these days. With interest rates at an all-time low, and household expenses at an all-time high, refinancing to a lower interest rate looks like a great way to save on your monthly budget and it absolutely can be. But you do need to weigh up the costs of . . .
We recently helped a young man, that we will call James for the sake of this story, to buy his first home. James was 24 years old and had managed to save $10,000 from his job of a few years, as a mould injector. He really liked the idea of buying a property near his parent’s home as a way to be . . .
We’ve had many people asking us how they can take advantage of the CRAZILY LOW interest rates that are now being offered. We’d like to shed a bit of light on this. Yes, thanks to COVID-19, our economy is trending downward and the RBA has reduced the cash rate to an unprecedented 0.25%. Many lenders . . .
We recently helped Carol, a designer and Gold Coast Home Owner, who one day walked into our office. She was sure that her loan repayments were in a mess. She felt as though she was in a big pickle. She had maxed out all 5 of her credit cards and was struggling to make her monthly repayments, as . . .