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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.

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?

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.

A bank is a place that will lend you money if you can prove that you don't need it.

The $ sign was designed in 1788 by Oliver Pollock, a New Orleans businessman, using a combination of Spanish money symbols.