The ongoing eurozone crisis may force the Reserve Bank to introduce further interest rate cuts before Christmas. So if this year the RBA decides to dress up as Santa instead of the Grinch, a leading property investment group says investors need to reconsider their financial position to make sure they capitalise on the move. Continue reading Tips to maximise your position should rates fall
Monthly Archives: November 2011
What’s in a (street) name?
What’s in a name? Well, for some people, quite a lot if you’re going to live there.
Lovely Street or Grubb Street? Honey Blossom Avenue or The Deviation? Misty Meadow Grove or Lurg Avenue? At first glance, it’s no contest: some street names evoke a pleasant vista and thoughts of a welcoming home. Continue reading What’s in a (street) name?
Tips to get the best out of your biggest debt
Many Australians spend more time on budgeting for their next holiday, or analysing the health of their internet plan than giving their biggest debt a regular check up.
But with the current sluggish property market, and the lowest uptake of new home loans in recent years, there is no time like the present for borrowers to perform a home loan health check. Continue reading Tips to get the best out of your biggest debt
A portfolio with your first pay packet
Profits and peace of mind await young investors.
Buying a property in your early 20s is one of the smartest decisions you will ever make. Not only will you get a jump-start on building wealth, you also won’t be left struggling to pay off a mortgage later in life.
According to recent studies, the earnings of most Australians peak at the age of 48 and yet many people today still have a large home loan well into their 50s. Continue reading A portfolio with your first pay packet
‘Tis the season to manage your mortgage
As households prepare their budgets for festive season shopping splurges, now is an ideal time to unwrap the financial strategies that help borrowers gain greater control over their home loan situation, according to Australia’s largest independently-owned mortgage broker, Mortgage Choice. Continue reading ‘Tis the season to manage your mortgage
Looking to the future – Planning well in hand for Mudgee developments
It’s time to plan ahead, in order to take care of the future needs of the growing district of Mudgee.
As it appears this growth will be exponential over the next five years, such organisation is essential to ensure that we avoid any crisis that could result from growing pains associated with our expansion. Continue reading Looking to the future – Planning well in hand for Mudgee developments
RBA cuts interest rates
The Reserve Bank has cut interest rates for the first time in more than 2½ years, bringing relief to households and corporate borrowers.
As widely tipped by economists, the central bank today lowered its key cash rate by 25 basis points to 4.5 per cent. The move reversed the increase imposed on Melbourne Cup Day last year, the most recent time the RBA has shifted rates. Continue reading RBA cuts interest rates
Investing in a Heritage Home
Did you know that Mudgee has more heritage listed buildings than any other town in NSW?
Heritage houses are “affairs of the heart” that can ensnare passionate home owners. It’s a piece of history entrusted to you which you, in turn, will one day pass on. There’s something about walking on floorboards that are over 100 years old or being in a room where a family lived in the 1800s. Continue reading Investing in a Heritage Home