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Archive for Tag: LMI

Are You One Of The Millions Of Aussie Paying Too Much In Bank Fees?

Recent research found millions of Aussies feel they’re bank fees are too high. The study indicates 10.8 million Australians are looking to change banks this year. And it’s because of dissatisfaction with their bank’s hefty charges. The Reserve Bank of Australia also had bad news for Australians. Its study...

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How to buy a home with minimum savings but a good income.

Akshay Sharma and Vidhya Sundhararaj bought their first owner occupied home with minimal savings but good combined income. It’s no secret first-home buyers have faced big hurdles entering the market in the past few years. HOPEFUL first-home buyers desperate to save their first deposit are considering other ways than...

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10 Savvy Things To Do With Your Money Before You Turn 30

With an increasing number of millennials graduating with the financially crippling burden of student loans or the ephemeral incomes of the gig economy, it’s more important than ever for those in their 20’s to learn what to do with their money and put in place some smart financial strategies....

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What Is Fractional Property Investing?

If you’re frustrated by the high property prices in Australia’s capital cities, especially Sydney and Melbourne, then you’re not alone.  You just can’t see a way that you will be able to afford to invest in a property, let alone, buy your own home. But there may be a...

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What Is Lenders Mortgage Insurance (LMI)?

One of the key dilemmas confronting potential homebuyers is the issue of a deposit. Waiting until you have saved a deposit will save you money by avoiding the requirement to take out mortgage insurance. However, the downside of going down the deposit path is the waiting issue. People are...

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