A new study by UBS has found one-third of borrowers in Australia with interest-only loans are unaware they are not paying off any of the principal amount on their mortgage.*
Jonathon Mott, an analyst at UBS told The Australian: .. Continued
You’ve probably noticed ads on television for online personal loans. If you dig a bit deeper you’ll find these loans tend to carry high interest rates, which can make them more expensive over the long term.
These ‘payday’ loans are usually up to $2,000 and must be paid back within 16 days to 12 months. ASIC has a good article warning consumers about payday loans here. .. Continued
A new study by economists from the Reserve Bank of Australia (RBA) has found that a deposit is a key factor when it comes to home ownership success, especially for first homebuyers.
We’ve taken time to explain the main takeaways from the report, and provide insights into how you can improve your chances of becoming a homeowner... Continued
News.com.au recently reported that comparison website Mozo has told borrowers to urgently consider reviewing their home loan.
This announcement is on the back of ‘rock-bottom deals’, with more than 60 lenders around Australia offering rates at below 4%... Continued
It’s no secret that the property market in Australia has changed. Although every state is experiencing different conditions, there are certain trends that carry through each. Namely, location.
Here’s why location matters, and how to choose an investment property based on this old yet tested adage. .. Continued
The Australian Finance Group (AFG) Gala Awards Event was held this month. Capita was made the Top 15 Broker Groups in WA, and 2 of our brokers were named in the Top 20 Broker list.
We are proud of this achievement, as we feel it reflects the hard work, dedication and innovation of our entire team... Continued
If you’re thinking of buying a home, or want to make sure you’re saving as much as possible on your existing mortgage, you probably want to know about interest rates.
Today, we’re sharing the top 4 interest rates in Australia right now. Plus, insights into why rates are not the be-all and end-all of a great loan. .. Continued