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Apply all bonuses, salary increases, gift money towards the PRINCIPAL of your mortgage and you’ll save loads of interest. If you are looking for a Sydney Mortgage Broker, The Home Loan Company can help you.
Divide your monthly mortgage repayments into two fortnightly payments. You’ll end up making the equivalent of one extra monthly repayment each year across 26 fortnights. A move that will save you thousands. Even if your lender won’t accept fortnightly payments…
Go Girls!! Research by the CBA has shown the return of women to the workplace and immigration have been key drivers changing home ownership in Oz. Post WWII home ownership rose from 8% in 1946 to 35% in 2006 and…
St George are reducing their Fixed Mortgage Rates effective Tues 17 July for existing & new customers switching into fixed rates. 1,2,3 yr rates reduce to 5.59%. 4 & 5 yr rates reduce 6.29%. The Home Loan Company can compare…
Homeside reduced its 3, 4 & 5 yr standard fixed rates on the Homeplus range effective 13 July 2012. 1 yr rate now 5.79%, 2 & 3 yr rates 5.89%, 4 yr rate 6.39% and 5 yr rate 6.54%. If…
Another tax change that may affect you and your family. From 1 July 2012, the concessional contributions limit for all individuals, regardless of age or superannuation balance, will be $25,000 per annum. If you have a self managed super fund…
You may know that from 1 July 2012, income testing will apply to the Govt Rebate on private health insurance. Currently, most people receive a 30% rebate on premiums. If you expect to earn more than $84,000 (single) or $168,000…
Westpac’s variable lending rate will drop 20 basis points rather than the 25 basis-point cut made by the Reserve Bank on Tuesday. The bank’s lending rate will fall to 6.89%, effective from June 18.
NAB has cut its variable interest rate by 21 basis points to 6.78%. CBA have also cut their rate by 21 points to 6.8%. Both effective 18 June.
Citibank is offering a promotional variable home loan interest rate of 6.09% until 30 June and a waiver of the first year package fee for home loans over $150k and loan to value ratio of up to 80%. Good competition…
