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How to overcome mortgage stress in Australia

How to Overcome Mortgage Stress in Australia Almost one million Australian households are reeling under mortgage stress. What’s next? Nearly one million households in Australia are burdened by their mortgage. Latest figures by DFA reveal that 996,000 Australian families were grappling with mortgage stress in August, up from 990,000 in the previous month. Of these,… Read More>>

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Mortgage Stress in Australia: Suburbs that are most affected

What Suburbs are most affected by Mortgage Stress in Australia? Several Australian banks have hiked their home loan interest rates, adding almost $38 a month on average to a $400,000 mortgage. Fortunately, most homeowners were able to cushion this impact. However, if more of such unexpected rate hikes follow thousands of Australian households might find… Read More>>

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5 tips on renovating an investment property for profit

5 tips on renovating an investment property for profit Are you Looking for renovation ideas to increase rental income? Well, there are a lot of modifications you can do to your house to increase its liveability as well as yield, but where do you start? Renovating an investment property is different from renovating your own… 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>>