Yesterdays RBA Rate Cut vs Your Borrowing Power You’re probably all aware that the RBA rate cut reduced the cash rate by 0.25% yesterday. The first RBA rate cut in a year. There are two possible implications of this move; Will house prices increase because people can borrow more money? Will house prices increase because […]
Two important numbers
Two important numbers that limit your property purchase price. When you decide to purchase another home there are two important numbers that will limit the amount you can spend. They are; The size of your savings, and The amount you can afford to spend on your loan repayments each month. When I say the amount you […]
Home to a rental property
The hidden cost of changing your home to a rental property A common scenario is people deciding to buy another home to live in, and changing their home to a rental property rather than selling it. The rationale is solid. The loan on your now investment property is relatively low because you were paying it off when […]
Divorce-Getting to the other side
Moving on from divorce as quickly as possible. The divorce process can be long and difficult or it can be relatively short and simple. The cooperation or not of the two parties involved being the prime reason. Whichever course it takes, most people want to get it completed and move on with their new life […]