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The real costs of buying a house

Costs of buying a house: The truths   In addition to saving up a deposit, there are other accessory hidden costs of buying a house you must budget for. These costs include various fees and charges such as conveyancing fee, inspection fee, lender’s fee, stamp duty, insurance, etc. and can set you back by almost… Read More>>

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A Day In The Life Of A Mortgage Broker

Historically, prior to the credit crunch, the number of customers working with a mortgage broker compared to those dealing directly with their bank was relatively evenly split.     Now, thanks to the arrival of highly experienced mortgage brokers such as Collins Mayaki many clients have recognised the advantages of consulting an experienced mortgage broker,… Read More>>

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Glossary of important financial terms

According to a survey by mortgage lender ME Bank, the majority of first home buyers in Australia do not understand what conveyancing is, aren’t sure what mortgage insurance covers, and are quite ignorant of the auction process. Yet, 70 percent of first homeowners reported that they felt confident making financial decisions, which is quite surprising… Read More>>