This guest blog is written by Andrianes Pinantoan, a personal finance enthusiast hailing from How To Save Money..... Keep Reading »

Tax time may be a few months off, but it pays to be organised – and by getting your ducks in a row now, you can save yourself a giant headache come tax time..... Keep Reading »

Shopping for your new home or next investment property? When you’re in the market for a new piece of real estate, finding the right location is crucial to ensure strong long-term capital growth – so we’ve rounded up some advice to help you locate the best possible spot!.... Keep Reading »

The Reserve Bank of Australia’s Statement on Monetary Policy released in February revealed that the household savings ratio was at its highest point in more than 20 years. According to the central bank, Aussies are tucking away 10% of their disposable income – that’s a massive swing from the mid-noughties when we were spending about 2% more than we earned..... Keep Reading »

Since the release of the iPhone, there has been a frenzy of software developers coming up with new applications to make our lives more fun, more productive and more informed. Now with over 200,000 apps already on the market (and growing), there really is an app for everything. But sorting the useful from the useless can be time consuming. Your Investment Property Magazine has done the heavy lifting for you to find the best money apps on the market to help you with all your financial needs:.... Keep Reading »

There are many different variations on mortgages and home loans out there for you to choose from, but two kinds which have some distinct differences are a regular mortgage and a line of credit (also known as a home equity loan). Just before I bought my first home a few years ago, I got a tip that a line of credit might be the right kind of loan for me. If you want to know if it’s right for you too, then read on..... Keep Reading »

If you’re looking to get your first mortgage, or even to refinance, you’ll most likely have a meeting with a lender or mortgage broker – someone who’s an expert in mortgages and home loans. The problem is these experts sometimes forget that we’re not all experts, and they might bamboozle you with mortgage terminology or bank jargon that starts to make little sense. But it’s really important that you understand what they’re going on about – this is your money, and most probably it’s quite a lot of your money..... Keep Reading »

I don’t know which is scarier: choosing your first house, or choosing your first mortgage. Of course, these are exciting times, but they are big decisions that have a significant impact on your future, so these choices should definitely not be made lightly..... Keep Reading »

Australian Mortgage news recap for the week ending 13th May 2007.
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Possibly Related Posts:

• 10 Things First Time Home Buyers Need To Know About Mortgages
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• Property: 10 tips for choosing the best location
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The term home loan refers to just that a loan for a home although the word mortgage could relate to a mortgage on a home or a commercial mortgage etc. although mostly interepreted as a reference to a home loan.

But where did the word Mortgage come from? (more…)

Possibly Related Posts:

• 10 Things First Time Home Buyers Need To Know About Mortgages
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• Sometimes Cutting Costs can end up Costing More
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Christmas is definately my favorite time of year, as I think it is for many, with it being a great time for giving, spending time with family and friends, celebrating and relaxing.

It’s also a great time for retailers! You won’t go to far without being bombarded with sales, promotions, catalogues, specials and numerous attempts from retail stores to lure you into spending your hard earned money. (more…)

Possibly Related Posts:

• 10 Things First Time Home Buyers Need To Know About Mortgages
• Tax Time: Possible Deductions available to Property Investors
• Property: 10 tips for choosing the best location
• Sometimes Cutting Costs can end up Costing More
• iPhone Apps: The Top 10 Finance Apps

The news everyone was hanging on. Despite pleas from Howard and Costello the RBA has decided to lift cash rate to 6.0% with their desicision based on an underlying inflation rate of 3%, above-average global growth and strong domestic demand indicating likely inflation increases ahead..... Keep Reading »

Saving a little money on everyday expenses and adding it to your home loan repayments can certainly help in getting that home loan paid of a little faster. Even if you are saving for a deposit it pays to look at your everyday spending and see where there may be an extra dollar or two to put away.

In some cases it may not mean sacrificing your standard of living just spending wisely and managing what you have.

One of the first steps is to have a budget. Start with listing all your monthly income and all your monthly expenses including debt repayments or deposit savings. Also allow for saving some money each month for emergencies ie doctor bills, car repairs and unknown expenses. (more…)

Possibly Related Posts:

• 10 Things First Time Home Buyers Need To Know About Mortgages
• Tax Time: Possible Deductions available to Property Investors
• Property: 10 tips for choosing the best location
• Sometimes Cutting Costs can end up Costing More
• iPhone Apps: The Top 10 Finance Apps

An Offset Account is a deposit account linked to the loan. The benefit being that any surplus funds that you might have, for example rental income or your pay, can be deposited into the account, offsetting the daily interest charged on the total loan amount. An Offset Account is generally not a loan that an investor would use on an investment property, but rather on their family home in conjunction with an investment.
As an example – if the loan amount outstanding is $100,000 and there is $5,000 in the offset account, the interest that is charged on the loan will be calculated on $95,000. As a result, the home loan is paid out at a faster rate. This is because the standard monthly repayment has been calculated on the full amount outstanding. (more…)

Possibly Related Posts:

• 10 Things First Time Home Buyers Need To Know About Mortgages
• Tax Time: Possible Deductions available to Property Investors
• Property: 10 tips for choosing the best location
• Sometimes Cutting Costs can end up Costing More
• iPhone Apps: The Top 10 Finance Apps

There are basically two options most homeowners go with when refinancing mortgage loans, you can either refinance or go with a cash out (line of credit) refinance home loan. When you go with the refinance mortgage route you are basically refinancing your existing mortgage or consolidating debts hopefully at a lower interest rate to save money..... Keep Reading »