News
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Saving Money by Refinancing
- October 6, 2020
- Posted by: Streamline Finance Services
- Category: Finance
No CommentsIn the current low interest rate environment, there has never been a better time to refinance and save money on your mortgage. By budgeting well and making the most of low interest rates, homeowners can quickly get on top of their finances and pay down their mortgages faster. Here are three quick reasons to refinance:
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First Home Loan Deposit Scheme
- November 21, 2019
- Posted by: Streamline Finance Services
- Category: Finance
So a lot of people have been asking me about this new government scheme that will allow first home buyers to buy with a 5% deposit. They have been asking me how this works and how much would they save. Below is an example on savings made by using the scheme If you are a
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Changes that could make borrowing easier
- May 23, 2019
- Posted by: Streamline Finance Services
- Category: Finance, Home Loans, Interest Rates, Lending
So to give you a bit of background about 2 years ago APRA who is a government regulator forced the banks and lenders to use a minimum rate for their servicing of 7%. This means that when we look at your capacity to borrow we will use a rate of 7-8.5% on any new borrowing
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