Rising house prices are making it increasingly difficult to enter the market. Parents who guarantee their children’s loans can help, but it is important to understand how this can impact the parents’ retirement or investment plans. Being a guarantor generally means using the equity in your own property as security for your child’s home loan. […]

Buying your own home remains the great Australian dream – and purchasing a second property may help you take your wealth further. Whether you’re building your property investment portfolio, buying a holiday house or supporting a family member, there are plenty of things to think about before you take that next step. Consider your cashflow […]

Refinancing can be a great way to save money if you believe you are paying too much for your loan, but there is more to it than just finding a loan with a lower interest rate and making the change. Before making the switch, ensure the savings you could make outweigh the fees involved. Here […]

Recently, APRA has put forth a new proposed guideline that could see lenders adjust their servicing rates, which could be a life changer for investors. The Australian Prudential Regulation Authority (APRA) is responsible for the regulation of banks and other institutions in order to keep the financial system stable. APRA’s 2014 guidelines required lenders to impose […]