February 2, 2016
The Origin of the Dollar $
The $ sign was designed in 1788 by Oliver Pollock, a New Orleans businessman, using a combination of Spanish money symbols.
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February 2, 2016
February 2, 2016
The Problems with Cross Collaterisation
A common piece of advice that is given to property investors by mortgage brokers, at least knowledgeable brokers, is to keep securities for each loan seperate, ie) avoid cross-collaterisation at all costs.
February 2, 2016
Housing Crash Predictions – Alistair’s Take
Predicting a property crash in Australia seems to have become a type of sport amongst economists worldwide. It’s almost as if members of this profession are wishing a property crash on us. But how accurate are their predictions and should property investors in Australia be worried by this up-surge in gloomy analyses for our property market?
February 2, 2016
When would I refinance my Mortgage? Whenever it makes financial sense to do so
Heard about Mortgage Refinancing? In the past, most people who took out a Mortgage persistently continued with it until they had paid it off. These days, people refinance their Mortgage much more frequently. The average duration of a Home Loan in Australia now is just 4-5 years. Here we look at some of the reasons people in Australia refinance their Home Loan.
February 2, 2016
Currency Watch provided by ForexSport
AUD/USD – Short term trend UP, Long term trend UP
The AUD/USD broke through resistance of 1.0600 and has traded as high as 1.0792. RBA leaves rates unchanged and downgrades the Australian growth forecast. The global growth outlook is a concern for the RBA with European sovereign debt issues weighing on the European banking system.
February 2, 2016
Refinancing still going strong – MFAA
Home owners are still refinancing their mortgages, even as the property market remains flat, the latest Bankwest/MFAA Home Finance Index has shown. The Home Finance Index, which surveyed more than 1,139 respondents, revealed that one in four (24.7%) had refinanced their loan in the past two years and 14.2 per cent had refinanced in the previous year, an increase on the previous HFI.
February 2, 2016
Pricing of Commercial Property Loans
Commercial property finance is very poorly understood, and this is a major contributor to poor decisions by investors. The most important thing to know about commercial property loans is that there is no hard and fast rules about factors such as the leverage that is available, costs associated with commercial loans or the lending criteria. In commercial finance everything has to be viewed relative to the strength and size of the particular deal.
February 2, 2016
Congratulations Cameron Perry !!
Cameron has just been announced the top loan writer this month for VIC, SA and Tas through Vow Financial.
February 2, 2016
Could Stamp Duty Be Abolished?
Interesting article in today’s Age about stamp duty. It looks like some very influential people are advocating for it to be severely scaled down or abolished.