If you haven’t checked your interest rate lately, do it now! All of a sudden there are a lot of borrowers with interest-only loans, not realising that their rates have just increased by 0.30-0.50%+, and not realising they could get significant discounts now by refinancing, and switching over to Principal and Interest repayments. Meanwhile the […]
The benefits of interest-only are starting to fade
The Youtube offer I couldn’t refuse
I was contacted by Youtbue last week, they asked if due to popular demand I could start recording some Long Property Show videos online. No not really… but I did, totally on my own accord, start a new channel! It’s branded the Long Property Show and it’s for those who prefer watching quick web videos, […]
Reality check for anyone getting a home loan this year
Following a strong pick up throughout 2016 in investment lending activity, on 31 March 2017 the banking regulator ‘APRA’ imposed new lending guidelines in an attempt to slow the volume of new interest only loans in Australia. What impact will this have for home buyers and property investors? What are the smart things you can […]