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Tune in here for the latest information about credit, interest rates, and the property market. We do our own research to give you the most current and accurate news.

Showing posts in "Credit"

Home Loan Affordability Solved

Home loans become problematic for banks when the borrower cannot afford to pay. When this occurs it simply passes it on to their arrears team for management. APRA (Australian Prudential Regulation Authority) expects banks to assess new borrowers’ ability to... Read more

Is The RBA Wrong Again?

The battle of wits is on again, albeit at a very early stage. Last round went to the bond market. The bond market is starting to believe that the RBA has gone too far with its cash rate increases in... Read more

Turnaround Tuesday - Will The RBA blink?

Let’s start with Market competitive Home Loan interest rates. A competitive (principal and interest repayment) owner-occupied home loan variable interest rate today would be 4.19%; a 2-year fixed would be 5.04%; 3-year fixed would be 5.19%; 5-year fixed would be... Read more

I Want It ALL

I do not financial prostitute my standards and ethics to appease the referral brigade that are accustomed to the lucrative kickbacks the mortgage broker industry pays. I inspected property, provided property research, negotiated with real estate agents, and bid at... Read more

It’s a BIG Club & You Ain’t In It! Unless you are a…

One is a hard-working layperson. The other is an equally hard-working person, a Medical Practitioner or Dental Practitioner, Optometrist, Veterinary Practitioner, Anaesthetist, Dermatologist, GP, Paediatric Practitioner, Obstetrician, Physician, Ophthalmologist, Psychiatrist, Radiation Oncologist, Radiologist, Surgeon, Solicitor, Barrister, QC, Judge, Partner in... Read more