When you’re busy with life, refinancing can seem like a hassle. However, with a FinancePath Credit Adviser to guide you through the process, it doesn’t have to be!  Refinancing may allow you to switch to a more competitive home loan, thereby potentially saving you money in interest.   It can also help you fulfil other goals, like using different finance options to renovate your property or consolidating your debt and paying it off more efficiently. You may even co...

The wonderful thing about property investing is that it opens your world up to different ways to potentially build your wealth. To understand your options, BOOK NOW. However, Australian Taxation Office figures released in June 2023 showed that a quarter of Australia’s property investments are held by 1% of taxpayers. Many of those investors are over the age of 50. If you don’t fit into this category, all hope isn’t lost! You can still approach property inve...

Planning to purchase a property soon?Here’s what you can do today to enhance your chances of being approved for a home loan down the track.1) Do your researchIt’s a good idea to do some research and start thinking about what kind of home loan may suit your needs.If you like the idea of knowing exactly what your ongoing repayment will be so that you can budget for it, a fixed home loan may work for you. However, keep in mind there’s talk of interest rates going down in 2024. Opting for a...

It’s hard to believe that it’s almost the end of the year, and what a year it’s been in the property world! Let’s look at some of the highlights from 2023. Interest rates climbed and then plateaued From May 2022, the Reserve Bank of Australia (RBA) began an aggressive cycle of tightening the cash rate to get inflation under control. In 2023, we saw the RBA lift the cash rate in February, March, May, June, and November, leaving mortgage holders grappling with rising...

It’s an amazing time to go house hunting this summer! Here’s why hitting up those open homes during the summer could be a really smart move: 1. Eager sellers alert! Spring is usually the time when everyone’s out buying houses, so if a place is still up for grabs by summer, the seller is probably itching to make a deal. With this year’s spring auctions not as hot as usual, there could be lots of choices out there. This means sellers might be more up for a chat about ...