by Michael | Mar 15, 2017 | Mortgage Broking
Sharks and Cars. What do they have in common? I had an interesting experience while helping someone finance a car last month and we came across a real shark of a car salesman. I thought it might be worthwhile highlighting a few tricks these sharks often play when it...
by Michael | Feb 19, 2017 | Home Loans
Couple #1 – I met a couple one evening, married for 12 months, both earning $80,000. I was happy to inform them that based on their earnings, the computer says “congratulations, you can borrow $1m!”. Couple #2 – This is actually the same couple...
by Michael | Nov 15, 2016 | Mortgage Broking
My take on the #smashedavo debate? In The Australian last week, Bernard Salt suggested that young hipsters (like myself) should not be going to cafes and spending $22 on a smashed avocado on 5 grain toast . Some hipsters felt that their generation had given up buying...
by Michael | Sep 15, 2016 | Mortgage Broking
It used to be good to stay loyal with banks. Now, you may as well be disloyal, refinance and be rewarded. Clients regularly come to me and proudly announce that they’ve been with the same bank since they were little kids. They then ask me whether this puts them...
by Michael | Feb 9, 2015 | Home Loans, Investment Loans, Mortgage Broking, Refinance
An offset account as the name suggests is an account that offsets the balance of your variable loan so that you only pay interest on the net balance. The account has essentially the same features as a regular savings/transaction account that can have debit cards...
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