Skybridge News
Tips & Tricks from the world of finance
One of the most important things to consider when buying a house is how much mortgage you can reasonably afford to pay off. This is because knowing how much you can allocate to your monthly repayments very often spells the difference between living comfortably and struggling to make ends meet.
Should you buy a home and reap the sense of security that comes with it? Or should you continue renting and enjoy the flexibility it provides? The decision should boil down to what suits you best personally and financially.
Many housing experts believe that the current economic conditions have created a unique opportunity for aspiring homeowners to get on the property ladder. But how can you tell if a certain home loan fits your needs and financial situation? The answer depends on several factors.
Considering transforming your home from ‘banal’ to ‘brilliant’, but lack the funds to support your makeover? Never fear, we’ve rounded up five home renovation finance options that could help turn your dream into reality.
Investment in real property, such as residential real estate, is likely to be a lengthy process and one that usually involves a plan for the long term. To ensure you have considered what is required before making the big purchase, we’ve outlined steps you need to take in that process:
When taking out a mortgage, many people forget to consider the associated fees and expenses. Here are some of the extra costs that you’ll need to consider when you take out a home loan.
There is more to selling your home than putting up a ‘For Sale’ sign on your front lawn. Take a loot at the first things you should check off your list to help you get a favourable result from your investment and to ensure the process runs as smoothly as possible.
It is a must for borrowers to have a good credit standing when it is their first time applying for a home loan. Not only do credit scores indicate the borrowing behaviour of the applicant, but they also dictate the fate of the entire mortgage application. Does the same apply when you refinance your loan?
Coronavirus-related bad debt charges of almost $5 billion dominated the latest bank results, but some experts say there is more pain to come.
Whether experiencing financial hardship through job loss, a reduction in work hours, or business disruption, an increasing number of Australians may be struggling to balance their books as a result of the Coronavirus, and in many cases are wondering how they will continue to pay the bills.
Written by Emily Sakzewski for ABC News
With many businesses and services forced to close under the latest Federal Government restrictions to try to curb the spread of coronavirus, many Australians are feeling the pinch when it comes to finances. Especially those with a mortgage.
You already know the importance of maintaining consistent cash flow. Did you know that your business’s assets can be the solution?
Many people in Australia dream of running their own small business but four out of five never do it. If you've got a good idea, develop a business plan, then talk to an MFAA Member about your small business finance options.
Businesses need capital if they are to grow, and sometimes need finance solutions to raise capital. If you are unable to raise capital through a loan, equity may be an alternative solution.
Does your business need refinancing or restructuring? As this tale of a business with urgent liquidity problems shows, having a finance broker managing the project can be the key to success.
Whether it’s smooth sailing or your business is on the rocks, a specialist commercial broker at your side is your greatest asset.
A dramatic increase in the number of lenders has highlighted the need for greater research and consideration, or ‘due diligence’, when searching and applying for a loan.
Written by James Hall for news.com.au
Homeowners across the country have been licking their lips at low interest rates, but a little-known policy is leaving borrowers paying thousands.
Written by Alex Brewster for https://www.savings.com.au
New research has revealed 51% of Australians are feeling more confident about the state of the housing market than 12 months ago.
In this article written for Your Mortgage Australia, Gerv Tacadena explains how technology is changing the game for many industries, including the home-lending space, where digital mortgage providers are starting to ramp the competition up with brick-and-mortar banks…
