by Nathan Osinski | Feb 19, 2019 | Business, Community, Interest Rates, Investment Lending, Mortgage Brokers, Mortgage Tips, Personal Lending, Planning for the future
Higher interest rates, increased fees, less flexibility and fewer options. That’s how borrowers will lose out if the banking Royal Commission’s recommendations around how mortgage brokers are paid are implemented. Here’s how you can have your say!...
by Nathan Osinski | Jan 17, 2019 | Interest Rates, Mortgage Tips
It’s the end of the road for 900,000 borrowers on interest-only loans, as they’ll be automatically switched to principal and interest loans this year. Now’s the time to check whether or not you should start considering other options. Back in 2014-15...
by Nathan Osinski | Nov 28, 2018 | Community, Mortgage Tips
When it comes to paying off your mortgage, many of us are in the dark as to where we should be making significant savings. A good place to start? Cutting down on ‘micro-transactions’. The lure of micro-transactions – purchases that are low in cost and trivial in...
by Nathan Osinski | Nov 20, 2018 | Community, Mortgage Tips
Most of us roll our eyes when we start seeing shopping centres spruik Christmas merchandise in November. While it’s important not to get caught up in the festivities too early, now’s actually a great time to start prepping to ensure a budget blow-out...
by Nathan Osinski | Oct 5, 2018 | Mortgage Tips
A question we often get goes something along the lines of: ‘I make my repayments on time, and I save $1,000 per month, why is the bank saying I can’t service a loan?’ Here’s how banks conduct loan serviceability. When a bank calculates loan...
by Nathan Osinski | Sep 27, 2018 | Credit Rating, Mortgage Tips, Personal Lending, Planning for the future
Many people only pay their bills on time to avoid being slugged with late fees and a bad credit rating. But a big change this month means that you can now be rewarded for timely repayments. From mid-September, ANZ, NAB, Westpac and CBA all agreed to commence...
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