It is one of the most common questions we get asked. Should I fix the interest rate on my loan? Below are the things you need to consider and talk through with us before making the right decision for you. Principle and Interest Home loans Most lenders offer better rates for Principle and Interest (P&I) repayments. They also offer better rates where your total loan limit is 80% or below the value of your home. Given the increase in property prices in Melbourne and Sydney...

Moving house does not have to be stressful if you follow these tips before and during the big day. Moving house can be hectic, but with this checklist you can keep track of your finances and furniture without too much stress! One month to go
A month before you move is the perfect time for cleaning out anything you don't need to take with you sell or donate unwanted items and arrange for a council bin collection for anything left over. It's also worth pre-booking your remo...

The banks are on the attack. Letting shareholders know that the new proposed bank tax, aimed at raising just over $6 billion over 4 years from the 4 majors and Macquarie, is unfair and will need to be passed onto someone. That someone is you. If you are a borrower that has a mortgage, a client with a savings account or a shareholder with some equity in one of the banks you will be impacted. Upfront I disclose that I am all three. I even have a business that uses one of the majors as a...

Building our dream home. For some time we had been thinking about building our dream home, but just weren't sure if it was possible and achievable. We were living in a home we had purchased 8 years ago and we always knew that it would not be our forever home. We had outgrown our home and we were ready to make the next move, but we were unsure how to go about it. This is when we were referred to John and the team at FinancePath. When we first spoke to John, we explained all our ...

1. First Home Buyers There's a little bit of good news for first home buyers looking to save up a deposit for their first home. The 2017 federal budget states that they will be able to use their superannuation to assist with saving for a deposit for their home from 1 July 2017.
First home buyers will be able to salary sacrifice up to a maximum of $30,000 or $15,000 per year from their pre-tax income. This is over and above the compulsory superannuation contribution they currently...