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The New Era of Interest-Only Loans

Interest-only loans are where you merely pay back the interest of a loan to the lender.┬áSo if you borrowed $500,000 and made repayments for five years, your balance would still be $500,000. They are designed predominantly for investors for cash flow and tax deductibility purposes. (more…) Learn More

RBA Interest Rates – CUT!!

The Reserve Bank of Australia has announced that it will cut interest rates. ┬áThis sets a new record low rate of 1.75% - the first change since May last year. (more…) Learn More