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Finance News

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Fixed Interest Rate Loan Break Fees

What are the pros and cons of a fixed interest rate loan? When a customer opts to fix their interest rates for a specified term, it offers some security to...

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What is a redraw facility?

A redraw facility is common for most home loans and allows a customer to “redraw” advanced payments. For example, if you have paid an additional $10,000 off your home loan,...

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How to calculate rental yield

Rental yield is a simple calculation to determine the return on investment that a property can produce. Some investors are willing to purchase a property sight unseen based on rental...

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