Andrew Mirams

ines of credit on home loans have been around for a while now and are not a new product in the mortgage marketplace. However, the problem is that it can be tempting for borrowers to use them as a cash machine that they never have to...

No one likes to pay more interest on their mortgage than they have to. In fact, if you manage to reduce your home loan in a small way via a discounted interest rate, it can have big positive financial consequences in the years ahead. When homebuyers and...

The property cycle means that demand for properties in each state and territory can rise and fall depending on how the market in those locations are faring. It's well understood that Sydney is at the top of its market cycle and Melbourne is perhaps not far...

ASIC has commenced civil penalty proceedings in the Federal Court against Westpac for a number of contraventions of the responsible lending provisions. This could just be the tip of the iceberg because, as Andrew Mirams points out, the regulator says it has reviewed the responsible lending...

The Commonwealth Bank has announced that from Monday 13th February 2017 they will be suspending the acceptance of new refinance applications for Investment Home Loans, until further notice.
 
Applications which include both Investor and Owner Occupier loans are not impacted. Standalone Investor refinance applications submitted prior...

It doesn't seem that long ago when would-be homebuyers could take out 100 per cent loans – or even 105 per cent – to buy a property. The GFC mostly resulted in the end of such shenanigans but there are still low deposit home loans on...

As the property investment sector matures in Australia, more and more investors are looking to small development as a way to improve their overall financial position. There are a number of ways that investors can create wealth through property development, including subdivision. But what are the ins...

Saving up for a deposit on your second property come seem somewhat out of reach, particularly when you’ve already got mortgage repayments to worry about. So how are property investors managing to get their hands on the money to build their property portfolios? The answer to...

Subscribe to Australia’s most listened to podcast now!

Free to join and learn, just subscribe now!

Daily Audio Shows, Video Tips, Commentary and Blogs.