Blackbox Finance Blog
Stay Up To Date With Our Most Recent Finance News & Updates
What is Lenders Mortgage Insurance (LMI)?
What is Lenders Mortgage Insurance(LMI)? LMI is a type of insurance that protects the lender – not the borrower. For example if you can’t meet your loan repayments and the house is sold for less than your loan amount, LMI ensures the lenders loss is covered....
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Top 5 Tips for Refinancing Home Loans
Refinancing a Home Loan is great if you have equity in your home and big dreams. Unlocking some equity could allow you to: Purchase a new car, boat, caravan etc Start renovations, stop dreaming about that pool or extension, a refinance could get to there ASAP....
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Finally, the Good Kids could get Low Interest Rates!
A new fairer system of credit reporting is being rolled out across Australia since January 2017, it’s called Comprehensive Credit Reporting, but we like to refer to it as “ABOUT BLOODY TIME”. So why should you care? Well it’s the most exciting news in the fight of...
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Is AfterPay extending the Christmas Hangover?
Interest-free payment providers such as Afterpay, Openpay and zipMoney, provide a “buy now, pay later” style credit and are growing at an alarming rate. And with Christmas right around the corner, I wonder if this new credit crazy sweeping the retail world will cause...
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Finance Health Check – Could 15 Minute’s Save You Thousands?
Why didn’t my house price double? Here is why.
Amongst all the Media hype on banks, interest rates, housing prices and "The Housing Bubble" its nice to find articles that speak facts. Knowledge is power my friends, so here are some very interesting facts. Here are the Cliff Notes: The popular myth in Australian...
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The Apartment Bubble, could it impact your investment strategy?
I found the below article and thought it was an interesting read for my Property Investor clients and great education for anyone considering investing as part of their portfolio. It's it important to be aware of the possible looming oversupply of apartments and...
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