2017 saw huge upheaval - lenders tightened requirements, official and actual interest rates seemed miles apart and interest-only borrowers were really put under the pump. But while many panicked and are seeking to fix their interest rate, there may be a better option. If you fix...
Budget doesn’t have to be a bad word.Whether it’s due to a recent interest rate rise by your mortgage lender, a change in circumstances, a change in your mortgage repayments from Interest Only to Principal & Interest, or even because you’re saving to get together the...
With a recent increase in the uptake of Interest Only loans we are pondering the question of which type of loan is best? Interest Only or Principal & Interest? People are taking on Interest Only loans in order to free up their cash flow, to ensure...
With interest rates in Australia at historic lows many people are asking ‘should I refinance?’ It’s never a simple yes or no answer; there’s much to consider so let’s work through some of the issues surrounding whether or not you should refinance. Should I refinance for...
In order to provide our clients with a one stop shop service, Oak Financial Group proudly introduces our associate partners. Oak Business Partners Artur (Art) is a CPA and principal of Oak Business Partners Pty Ltd. He has developed a wealth of knowledge, experience and proficiency in...
