Why Does My Broker Ask For So Much Documentation
Why Does My Broker Ask For So Much Documentation? No one likes paperwork, however, providing your broker with the right documentation will save you time and money. By ROB WALMSLEY What information will your broker ask you to provide? When you ask to enlist the services of a broker, they will probably ask you for […]
How Do RBA Rate Changes Affect Your Interest Rate
How Do RBA Rate Changes Affect Your Interest Rate? With the RBA setting the official cash rate at all time lows, it’s a good time to work out how this impacts the interest rate on your home loan and whether you are getting a good deal or not. By ROB WALMSLEY When the interest rate […]
Changes to Lending Policy
Changes to Lending Policy The Australian Prudential Regulation Authority have imposed on lenders a cap of 10 per cent per year on investor credit growth. By ROB WALMSLEY What this means for borrowers is more stringent lending policy being introduced by most of the major banks due to the high amount of loan they have […]