The number of home loan arrears has levelled out, breaking a two-year trend, according to analysts from S&P Global Ratings. In its regular monthly report, RMBS Arrears Statistics: Australia, the rating agency said delinquent housing loans underlying Australian prime residential mortgage-backed securities (RMBS) stayed stable at 1.21% in May, unchanged from April. However, while this level […]
Changes in the investment lending market have adversely affected the property plans of Australian investors, according to Mortgage Choice. Mortgage Choice’s annual Investor Survey revealed that 42.6 per cent of Australian investors said that they were affected by stricter investment lending rules, up nearly 10 per cent from last year’s figure of 33 per cent. […]
Small investors are becoming increasingly aware of the benefits of using their self-managed super funds (SMSF) and trusts to buy commercial property, encouraged by the higher income yields and lower level of risk than some other asset classes. Commercial property can offer a net investment yield, after fees, of between 6 and 6.5 per cent […]
How to safeguard your finances if your relationship breaks down and your partner moves out. A COUPLE of weeks ago we wrote a column on how to protect yourself financially if you move in with your partner. As a result we were swamped by queries from people asking about the opposite … what to do […]
Yep we said -100% offset bank account- PAY LESS INTEREST ON YOUR HOME LOAN. Ok, last week we gave you some awesome tips on how to reduce your home loan by simply splitting your monthly mortgage repayment in half and pay it fortnightly instead……. if you missed it check it here! Well here we […]