Interest Rates Under 4% for the First Time in Over a Century
The RBA has left Australia’s cash rate at a record low level of 2.5% and some lenders are passing on this rate with an unbelievably low 3.99% rate for one-year fixed home loans. This is not only the lowest home loan rate offered by any bank in the country but is also the lowest rate ever […]
How to Resuscitate a Bad Debt Situation
Debt consolidation is difficult to manage by yourself, especially if you have an existing home loan that has gone into arrears. Launch Finance recently negotiated on behalf of a client to assist them in consolidating their debt and helped ensure they received the best rates on the market. Our client was originally referred to our […]
Top Tips For Buying The Perfect Block of Land to Build On
Buying an empty block is much easier than purchasing a home, but this does not mean that it is simple by any means. It is still a major decision. The block of land you buy will have a huge impact on the kind of property that you are going to build on it. Here are […]
Self Employed? Determine Your Borrowing Capacity Before Lodgement Date
When you are self-employed, lenders typically see you as a high-risk borrower. This isn’t personal. The reason this occurs is because the income of self-employed people typically fluctuates, unlike that of someone with a regular income. Lenders will determine the size of the loan available to you based on a number of factors including your […]
4 Considerations Before Gearing Your SMSF Into Property
Self-managed super funds (SMSFs) are a type of superannuation fund established by up to four individuals called trustees. SMSFs offer greater control over how assets are invested, which leads to reduced fees and enables trustees to manage tax outcomes. Of course, benefits like these come with certain requirements and responsibilities. For instance, trustees need time […]