Banks will generally structure a home loan for a 25 to 30 year term, which allows them to maximise the amount of interest repayments that they will receive from you over the life of the loan. For example, you will pay a total of $630,000...
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Blossom news
RBA Minutes May 15th
The RBA today released minutes from the May meeting. As most of you are aware, the outcome of that meeting was the cut to the official interest rate to 3.75%. The minutes give good insight into the reasons behind this decision and also provide a...
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Happy Mothers Day to all our blossom mothers
A special happy mothers day to all the clients and families that our team has the pleasure of meeting. On this day we remember the tireless and thankless work of mothers. Someone you can turn to with a dirty face, a homework question and help...
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Rate update
ANZ has today played their hand in the interest rate game. They have decreased interest rates by 0.37%. This is average across the majors and smaller lenders. It is understandable to note that customers, both existing and those searching in the market place are disappointed...
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Federal Budget Slashes Spending to give to families
Last night the Federal Governement delivered the Federal Budget for 2012/2013. Determined to provide a surplus result, there was a few significant budget cuts as well as some generous handouts to be received by families and low income earners – Here is a few highlights from...
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