Like it or now, Banks hold all the cards if a mortgage holder gets into financial stress. So what are the signs to look for, and how can we avoid getting trapped. I discuss this important issue with Robert Elftmann who has successfully negotiated numerous mortgage disputes with banks and in the best interest of the borrowers since 2010.
Robert is in no way connected or affiliated with the banking industry and is acting independently.
I caught up with Steve Mickenbecker from Canstar to talk about APRA’s changes to mortgage buffer rates, how lenders have tweaked their mortgage rates, credit card usage and the apathy tax. So many moving parts in the financial landscape.
Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.
I caught up with Steve Mickenbecker from Canstar to talk about APRA’s changes to mortgage buffer rates, how lenders have tweaked their mortgage rates, credit card usage and the apathy tax. So many moving parts in the financial landscape.
Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.
I caught up with TrueSavings Founder and CEO Pete Steel as we discuss mortgage stress and how finding a cheaper mortgage rate can help. We also explore their platform and hear about recent customers who have achieved significant savings. https://truesavings.com/
[Note: DFA gets no benefit should you get a better rate!]
Go to the Walk The World Universe at https://walktheworld.com.au/
Research from the UK shows one in ten users of Buy Now Pay Later end up with contact from debt collectors, while in the UK and NZ, BNPL are deemed as credit products. But in Australia, we are pursuing a different and more relaxed path, despite the high volume of late payment fees, despite the harm.
Go to the Walk The World Universe at https://walktheworld.com.au/
Research from the UK shows one in ten users of Buy Now Pay Later end up with contact from debt collectors, while in the UK and NZ, BNPL are deemed as credit products. But in Australia, we are pursuing a different and more relaxed path, despite the high volume of late payment fees, despite the harm.
Go to the Walk The World Universe at https://walktheworld.com.au/
I caught up with Steve Mickenbecker from Canstar to review some concerning recent research about household finances. We discussed strategies which may be considered to assist with cash-flow management, especially during these uncertain times.
Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.
The latest edition of our finance and property news digest with a distinctively Australian flavour.
In today’s show, we look at the latest disappointing new home sales from the US, recent Bitcoin and Tether moves, the declines in Chinese US stock, Labors announcement to keep negative gearing, and the latest from the New Zealand on the impact of low interest rates in a frankly mickey-mouse piece of analysis.
Go to the Walk The World Universe at https://walktheworld.com.au/
Digital Finance Analytics (DFA) Blog
Is Truth The Victim? - The DFA Daily 27th July 2021 [Podcast]
We explore the expectations many Australians have about the Government Pension, many of which are unfounded, or subject to the whim of Government. Economist John Adams and Analyst Martin North examines the facts.
Go to the Walk The World Universe at https://walktheworld.com.au/
I caught up with author Peter Cox to discuss his book “Life’s Equation” an excellent if slightly shocking read about the financial decisions we make (or do not make) and how they resonate down the years.
“This book shows you how to break out of your comfort zone and do something amazing for your future…start now! This book is for all who care enough about their future to do something about it as it examines the financial and lifestyle decisions that we make as we journey through life… If you had your life again, would you do things differently? Would you gain what you wanted?
Peter Cox, a seasoned accountant, and advisor explains in real terms how to start thinking beyond the square and dig deep into the network of information where ideas lay waiting within you to create a better future, you just need to know how to find them. This book has helped many people with stepping beyond their own expectations in simple and easy steps that make the process fun and profitable! Written in easy-to-understand language, it contains a comprehensive blend of information for those ready to accept personal responsibility for their financial future.
Whether a teenager, college student, single parent, married with kids, or a seasoned business professional, the book’s content was researched and organized to benefit anyone in whatever season of life”.
