Where to Park Your Money While Saving for a Home Loan

Where to Park Your Money While Saving for a Home Loan

If you store your savings in a bank transaction account, you may as well be stashing the cash under your mattress for the zero interest you’re likely to earn. Transaction accounts usually pay between 0% to 0.01% interest, which means the money you’ve worked so hard to...
Andrew Morello: What to look for in a property

Andrew Morello: What to look for in a property

To get your free copy of the full Morello Matrix eBook visit www.ybr.com.au/morellomatrix Consider the type of person who will want to rent your property i.e families want schools, why young professionals want restaurants and public transport. Consider these...
Should You Worry About Lenders Mortgage Insurance?

Should You Worry About Lenders Mortgage Insurance?

If your deposit is any less than 20% of the property purchase price, Lenders Mortgage Insurance (LMI) is usually charged. Because LMI is typically paid at settlement with all the other lender and government charges, you’ll need to plan for paying this additional cost...
Why Green Homes Can Help You Save on Your Mortgage

Why Green Homes Can Help You Save on Your Mortgage

The cost-benefit of owning an eco-friendly home is a significant drawcard to Australians keen on paying down their mortgage faster. Although the upfront costs of investing in environmentally-friendly features can be high, a study commissioned by Sustainability...