Last week we saw both the RBA and ANZ bosses say borrowing is becoming more difficult. The RBA governor issued a warning following its decision to leave interest rates unchanged for the 21st consecutive month. “It is also possible that lending standards in Australia will be tightened further in the context of the current high level […]

Running your own business usually means banks don’t really understand you. They keep changing their bank managers and with the current banking royal commission, you can’t be sure they’re doing the right thing by you. At Craig Tracey Lending we have helped business owners and their families for many years. We make it easy when you need to improve your cash flow, update […]

Over the past twelve months there has been a crack-down on interest only loans. In the past, lenders may have approved an interest only loan for you, but things are different today. Interest only loans are still available for the right purpose, for example to purchase an investment property.  But today lenders won’t allow interest […]

  Interest rates are at historic low levels but how do you know if you’ve got the lowest rate? Firstly, it’s important you know most banks have “under the counter” rates that are lower than the advertised interest rate. Whether you have a home loan, investment loan or business loan, you should always try to […]

There are thousands of different home products, and no-one has time to go through all the information. And with the recent royal commission into banking, can you trust your bank to do the right thing by you? So here’s the top 5 questions to ask when finding the right home loan…. How does refinancing work? […]