One of the most common questions first home buyers ask is, “Can you buy a house with no deposit?” The thing is the answer to that question is not simple because the answer is “yes” but kind of “no” as well. That’s because the lending landscape has changed...
Recently Andrew Mirams outlined the difference between a loan re-draw and an offset account. That video prompted a question from Peter: “Great video - I would like to understand line of credit verses an offset as well. Could Andrew do a similar video please?” Sure...
Queensland’s capital city is evolving every year, with big infrastructure projects changing the way its residents work and play. The Brisbane property market is also on the radar of homebuyers and investors across the country because, well, it’s much more affordable than Sydney and Melbourne. In fact,...
A cohort of baby boomers are now well into retirement – after a lifetime of work and paying off the mortgages on their homes. Sure, property prices have ballooned over their lifetimes, but baby boomers also weren’t overly good at investing in anything other than their homes –...
Many Australians dream about starting a small business. They dream about being their own boss and having more flexible working conditions as well as hours. While being self-employed or running a small business can be one of the best ways to create wealth, it is not easy. About 90 per...
[powerpress] Transcript: Andrew Mirams from Intuitive Finance says he has more than one crystal ball and both of them are saying that interest rates are likely to be on hold in 2018. So what does that mean for you and I? Should we lock in? He says...
It’s no big secret that more and more Australians are exploring how real estate finance and investments can improve their financial situation. Developing an investment strategy which involves buying quality investment properties is one way that they can create wealth and set themselves up for a...
[powerpress] Transcript: A loan re-draw is when you have pre-paid money into your loan and you have the ability to re-draw that amount. It is like repayments in advance of what you need. An offset account, on the other hand, is a second account that attaches itself...
The median house price in Sydney may have recently dipped below $1 million, but it’s still about 75 per cent higher than it was five years ago. According to the latest CoreLogic report, Sydney property prices fell marginally over September to record a median dwelling price of...