Then read below to see why you shouldn't lodge a claim against your bank if they have pushed you into P&I.
Five largest banks pay $51.4m in compensation - Read full article here.
Aren't they pushing you into a more risky circumstance? Isn't this against your will and against prudent lending? Shouldn't they stick with the circumstances that they had offered you originally? If you believe so put your case to the Honorable Kate Carnell.
Happy Investing,
Kevin Young Club Founder
The Reserve Bank’s latest cash rate cut to 3.85% has made headlines — but here’s what isn’t making the news: millions of mortgage holders could be missing out on savings simply because they haven’t reviewed their loans. Let’s be honest. When interest rates go up, lenders act fast. But when they drop? Things move at...
A recent media release from the Commonwealth Bank of Australia (CBA) revealed that following the Reserve Bank of Australia's 0.25% per annum rate cut in February 2025, only 14% of eligible home loan customers chose to reduce their direct debit repayments. This decision, which could have saved up to $80 monthly on a...
Understanding the broader economic trends impacting household spending can reveal potential opportunities for property investors. Recent insights from the CommBank Household Spending Insights (HSI) Index for April 2025 provide a few key takeaways that investors should consider as they plan their next moves. Lower...
Our mission is to help the average Australian learn the property market dynamics and discover the amazing opportunities that exist in real estate.