Interest rates remain on hold 3/08/2011 The news will come as a relief to mortgage holders, as economists had warned that recent unexpectedly high inflation figures could have led the RBA to hike the cash rate. Fuelled by the mining boom, the consumer price index (CPI) rose by 0.9% during the June quarter, but commentators […]
Borrowers are advised to weight up options before deciding to jump ship to a rival home lender following the recent shake-up of mortgage rates. The controversy sparked by the major banks lifting their lending rates well beyond the November official interest rate increase has stirred up inquiries about refinancing in the home loan market. People […]
by Jess Blanch Do you think that communication and conversation are hand in hand when meeting clients? Don’t be fooled, according to a renowned US communication expert. Nicholas Boothman, who was named one of the leading experts in face-to-face communication in the world by the The New York Times, reveals how to win over […]
Bank valuations vs market value: what’s the difference? When you apply for a home loan, the bank will value the property to determine the market value, right? Wrong! While it’s true that when you apply for a mortgage, your bank will place a value on the property you’re buying, the figure they come up with […]
Money reader Anna had a bad experience last year when she was audited after claiming capital work costs on a recently acquired investment property as immediate deductions. “I bought an investment unit and I carried out some repair and painting works and totally replaced the bathroom before I tenanted it, so I could charge a […]