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The million-dollar question: How will an increase in the RBA cash rate impact my home loan interest rate & repayments?

Posted by Chris Collard on 3 May 2022
The million-dollar question: How will an increase in the RBA cash rate impact my home loan interest rate & repayments?
With increased commentary regarding a cash rate increase, including its potential effect on home loan repayments, many clients are asking what’s the impact and what can I do? So how does the RBA cash rate affect interest rates and ultimately your home loan repayments? Let’s explore. What is happening with the cash rate? Until late 2021, the RBA predicted that economic conditions requiring a rate rise wouldn’t be met until late 2023 or early 2024. Rising inflation, low u...
Posted in:Interest ratesfixed interest  

FinancePath named state finalist at MFAA’s Excellence Awards

Posted by Chris Collard on 6 April 2022
FinancePath named state finalist at MFAA’s Excellence Awards
FinancePath has been announced as a finalist in the Customer Service Business category at the annual Mortgage & Finance Association of Australia* (MFAA) State Excellence Awards. The Awards highlight brokers, broker businesses and staff who have demonstrated exceptional customer service, professionalism, ethics, growth and innovation. This is FinancePath’s second year as a finalist in the MFAA Excellence Awards. Judged by an independent panel of industry specialists, business...
 

FinancePath named finalist at The Adviser Better Business Awards

Posted by Mark Attard on 24 March 2022
FinancePath named finalist at The Adviser Better Business Awards
FinancePath has been named as a finalist in The Adviser Better Business Awards for Best Customer Service. Director Chris Collard said “this prestigious award validates the passion, hard-work and dedication of our committed customer service team and their ability to consistently bring a GREAT customer experience to life”. “We are humbled to be recognised as an industry leader and are proud to be named as a finalist in the Better Business Awards 2022”.   Editor o...
 

Property Investor Profiles - What type of investor are you?

Posted by Chris Collard on 22 March 2022
Property Investor Profiles - What type of investor are you?
It turns out, not all property investors are the same. While buying property is one thing they all have in common, that’s where the similarities can end. Every type of investor has a different approach to real estate. Some are hungry to enter the market without compromising their existing lifestyle, while others have their eye on a quick DIY flipping project. But most fall into one of four categories. Which of these are you most like? Rentvestors Rentvestors are often...
Posted in:Negative Gearing Investment Propertyreal estatePropertyProperty Investment  

Unlocking equity for investment

Posted by Mark Attard on 22 March 2022
Unlocking equity for investment
Existing home owners have an advantage over first time buyers when it comes to breaking into property investment. Depending on how long you’ve owned your own home and whether it has increased in value over the years, there’s a good chance that you could have the deposit for your first investment property already locked away in equity in your home. Equity refers to the difference between the value of your property and what you owe. If the value of your property increases over...
Posted in:Negative Gearing Investment PropertyInvestmentProperty InvestmentBuilding Wealth  
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