China…..Australian prosperity guaranteed?

This email may seem like a pretty big break from my normal interest rate info, however, this topic has more to do with your future prosperity than just about anything else I could write about.

Have you ever considered where Australia would be if our dirt wasn’t so valuable? I’m pretty …

A New way to buy Investment Properties!!! SMSF

I want to briefly make you aware of an increasingly dramatic change to our property market.

As you know, I regularly meet with people to discuss their future financial goals and how I can assist them to get there. Almost every time I have one of these conversations we end up …

Vote With your Feet!!!

Once again I am greeted over breakfast with headlines exhorting us to change banks – “vote with your feet” etc etc.

ANZ and Westpac have certainly placed themselves in the firing line.

Sounds like a very good time to be a mortgage broker.

After all, there is nothing we like more than helping …

The RBA Cuts Rates Again!

Good news for variable rate mortgage holders.

 The RBA has decided to cut the cash rate by a further 0.25% p.a.. 

We will watch with great interest to see how the banks respond. 

As you can see from our regular interest rate tracking chart below, fixed interest rates are also heading south. 

Below is …

Will the RBA cut Official Interest Rates Again? The TAB Says Yes!

The December RBA cash rate decision is certainly one of the more interesting news events to happen over the last couple of months. 

Tomorrow’s RBA decision will cover a two month period (next meeting is in Feb) at a time where consumer spending is at it’s traditional annual peak.

Given our Federal …

The Global Debt Clock

With all of the talk about “Budget Deficits” and the “European Debt Crisis”, I thought you might appreciate a confidence boost.

I have found a terrific website that visually compares the government debt levels for almost every country on our planet. It is called the “Global Debt Clock” and can be …

Mexican Stand-Off?

Even for someone as obsessed focused on the property market as myself, it is difficult to state whether this is a buyer’s or a seller’s market.
These surprising charts and tables from RP Data appear to indicate that “Australia” is heading towards “a …

Banks aint Banks !!!

If you remember the old Castrol TV add, “oils aint oils”, you will know what I am getting at. 

Since the RBA decided to drop the Cash rate by 0.25% there has been a lot of noise from the mainstream media about which bank is ripping us off more.

 I don’t particularly …

RBA Drop Official Interest Rates by 0.25%

At its meeting today, the RBA Board decided to REDUCE the cash rate to 4.50 per cent. This is great news for those of us with any type of mortgage!!!

Check out the RBA Statement at the following link – http://www.rba.gov.au/media-releases/2011/mr-11-24.html

The RBA Board has decided to move into an expansionary mode …

The “ODDS” of a 0.25% cut in Rates!

In keeping with the “punting” theme tomorrow. I thought you might like to see the odds for an RBA rate cut.

Some might think that “one quarter of one percent” doesn’t sound like much. However, for the average mortgage holder with around $300,000 in debt, the annual interest saving would be …

Contact

PO Box 328
Kellyville NSW 2155

Phone: 02 9853 3268
Mobile: 0414 624 217
Fax: 02 9853 3293
E-Mail: praad@smartline.com.au
Website: www.smartline.com.au/praad

About

Established in 1999, Smartline is an Australian-owned finance and mortgage loan broker with over 200 franchise owners throughout Australia. Smartline Hills District is committed to set the benchmark in Australia for mortgage advice and client care. Paul Raad is a fully qualified and trained mortgage broking professional who “lives and breathes” home loans.

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