07 3393 9541

scarlton@rfsfinance.com.au
Latest News

Latest News

ME Bank Niches

ME were created in 1994 to help everyday Aussies buy a home. They are now a Bank and provide profits back into the industry super funds that own them. ME Bank offer some great niches at present. Lower interest rate packages when you purchase a member package ($395 P/A) with a Flexible Home Loan for a lower variable interest rate, $30,000 in additional repayments available on flexible home loans per fixed term.

Read more

Aussie mortgage holders losing $1.7 billion

Australians are missing out on $1.68 billion by failing to switch mortgages, a new study by Heritage Bank and the University of Technology Sydney (UTS) has found. While 67% of those surveyed recognised the importance of seeking the best deal on their home loan, only a third of respondents actually made the switch. Those that did move to a more affordable mortgage collectively saved around $718 million.

Read more

Rates - Lower for Longer

The cash rate is at a record low of 1.50%. Low inflation raises the risk that the cash rate will be reduced further and point to interest rates remaining low.

Read more

Brisbane vs Other Capital Cities

Core Logic's slide comparing capital city dwelling values post GFC is a real eye opener. Two cycles of growth post-GFC which has seen substantial capital gains in Sydney and Melbourne. As can be seen from the slide there is now a very large gap to Brisbane and other Capitals resulting in Sydney dwelling prices being 70% higher than Brisbane.

Read more

APRA clarifies Interest rate buffers

The Australian Prudential Regulation Authority (APRA) has shed light upon its stance on interest rate buffers suggesting that authorised deposit-taking institutions (ADIs) use a buffer of at least two percentage points.

Read more