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Please be aware of the following;

  • As a blog style website there can be a lot of historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent some lenders who may be historically referred to within this website.
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Blogs

Best Home Loan Interest Rate

Wed, 2008-12-31 11:10 — administrator

Best Home Loan Interest Rate -

Best Home Loan Interest Rate

Everyone is of course looking for the “best interest rate home loan” but to establish an optimal home loan product in each case there are many questions that need to be answered first.

Some of the more important questions that need to be answered are;

 Read more

RBA Cash Rate History to January 2009

Tue, 2008-12-02 13:58 — administrator

RBA Cash Rate History to January 2009 -

The Reserve Bank of Australia, RBA, moved to lower the cash rate again following the board meeting today.

The attached graph illustrates the cash rate movement since January 1990 down to today's announced 4.25 percent.

The last time the cash rate was this low was between December 2001 and May 2002 when the rate increased 0.25 to 4.50 percent.

 [Ability Finance Broker]

Censorship? Are we missing something?

Mon, 2008-05-19 23:14 — Guest

Once again a finance broking company is contacted by a company claiming to be an agent of a property developer company who has apparently purchased the unfinished or unsold developments from the stock of collapsed developer Estate Property Group with demands to remove all content from their website in relationship to, this time, the kingfisher grove development. Read more

Was Bentwood Valley Estate really that important? Or were we talking Brentwood?

Tue, 2008-05-13 22:56 — Guest

Ability Finance brokers had an arrangement with a property developer where they carried general information about the property developers available properties on the Ability Finance websites at no cost to the developer.

Free advertising for the property developer and excellent information for visitors to the Ability Finance brokers website. Read more

Interest rates pro pack home loans and leasing

Sat, 2008-05-10 13:50 — Broker

Interest Rates

The highlight news this week was that the Reserve Bank of Australia board voted on Tuesday to not increase the cash rate. The next RBA board meeting is on Tuesday June 3rd 2008.

There have been other minor adjustments to home loan interest rates from various lenders with some home loan interest rates decreasing while other lenders interest rates actually increased.

Leasing Read more

Foreign Currency Home Loans

Thu, 2008-05-01 15:16 — wes@ability
Image showing USD v AUD Currency exchange rate fluctuations
Image showing USD v AUD Currency exchange rate fluctuations

We are getting many calls from people living in Australia who are earning Australian dollars only, enquiring about refinancing their home loans into foreign currency.

Let us theorise for a few moments with some quick, rough and ready math based on US dollar exchange rate history. This is simply just some very broad concepts to consider before spending too much time calling around enquiring about this type of venture.

By the way we are no longer involved in any type of foreign currency loans.  Read more

Banks substandard service

Tue, 2008-04-29 22:38 — wes@ability

Well there may be not much of a recommendation for a bank if a broker accredited with that bank who is also a longstanding customer cannot get satisfactory service.

With several additional options of accessing the bank available which may not be available to regular customers I surely empathise with members of the general public who are not receiving an expected level of service from their bank. Read more

More to choosing a home loan than low interest rates alone

Wed, 2008-04-16 11:34 — wes@ability

I had a conversation last night with a first home buyer who is shopping around for a home loan.

The question was asked several times by this potential customer, “what is your best interest rate?” Read more

House prices headed for fall and inner city apartments to increase

Wed, 2008-04-09 19:00 — investor

House prices are headed for a fall according to a news.com.au article which claims Sydney house prices could fall by as much as 30 per cent in the next two years, economists say.

On the other hand a media release from forecaster BIS Shrapnel is predicting growth over the coming years for inner city apartments in Sydney. Read more

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