The way banks assess you and a loan application have changed in recent years. A credit score is now something they look at as an indicator of your ability to service a loan. By following a few simple tips and getting into good habits, you can improve your score and your chances of securing that loan.
The RBA has decided to leave the official cash rate unchanged at 1.5% for the 29th consecutive time and I’d like to share some thoughts on why the Reserve Bank of Australia has made this decision.
We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank you gift. This month’s winner is Kelly, and she’s won a $500 Bunnings voucher. Congratulations Kelly!
We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank you gift. This month’s winner is Ashleigh, and they’ve won a $500 Bunnings voucher. Congratulations Ashleigh!
The RBA has decided to leave the official cash rate unchanged at 1.5% for the 28th consecutive time and I’d like to share some thoughts on why the Reserve Bank of Australia has made this decision.
Following its February meeting, the RBA said the case for the next rate move to be a decrease was now almost equal to the case for an increase and that it would continue to watch the economy closely for signs around its key objectives of decreasing unemployment and increasing inflation. It will also be watching property markets, particularly in Sydney and Melbourne, very closely as prices continue to fall.
Comprehensive Credit Reporting, or ‘Positive Reporting’ is here. And while the banks may not be happy about sharing their customers’ information with other banks, borrowers like you stand to benefit a lot more.
Talk to wealthy people and you will find most have one thing in common – they know how to manage their money. And that means having a budget. Boring, right? It might sound tedious, but the reality is you won’t get ahead without spending less than you earn.
Most mortgages are spread out over 25 to 30 years, but it doesn’t have to be that way. With a few simple strategies you can take years and thousands off your loan, and it’s much easier than you might think.
In our last edition of Haven we featured a story about how much value an amazing kitchen can add to the resale price of a home. With that in mind, we’re on the hunt for a ripper kitchen renovation. Send in a before and after photo of your kitchen transformation for the chance to win $1,000.
