Refinancing and how it can assist landlords The current Coronavirus (COVID-19) situation and potential impacts on tenants and their ability to make rental payments may put some landlords in stressful situations around cashflow. Recently, Prime Minister Scott Morrison announced a moratorium on eviction for non-payment of rent for a period of six months, where the…
How to take advantage of lower interest rates to protect yourself in uncertain times On March 19 the Reserve Bank of Australia announced an emergency interest rate cut that reduced the cash rate to an unprecedented 0.25 per cent. Not all lenders have as yet responded to the change, but initial announcements from a few…
Refinancing can be a great money-saver. Replacing your existing loan can be a chance to lock in a better interest rate, access features you actually need or be with a lender that understands you. However, it can be a bit of a process, so you’ll want to know exactly what you’re up for before you…