Alpha Finance Solutions

Sunday, April 13, 2014

Will Interest Rates increase this year ?

Will Interest Rates increase this year ?

There is currently a lot of speculation from Economic Commentators
in Australia and New Zealand as to the likelihood of an Interest Rate rise this year.
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The issue for Householders is not to get caught up in speculating about the possibility of an Interest Rate rise, but to prepare for its inevitability.

1) Will you be able to afford your Mortgage payment should Interest Rates rise this year ?

2) Have you factored in the possibility of an Interest Rate rise

into your Investment Property Portfolio payments ?

In a recent article in the Sydney Morning Herald entitled ,

"Rising interest rate predictions stoke fears for Australia's recovery",

it states, 'The expectations of rising interest rates in developed countries after years of ultra-loose monetary policy has sparked concerns that a possible stifling of growth in emerging markets could slow Australia' non-mining economic recovery. Forecasts of rate hikes in United States,

the United Kingdom and Sweden this year have risen in recent months as their economies recover following the financial crisis.'

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3) Why should you create a Budget with your Accountant
    which factors in a potential Interest Rate rise ?
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    Interest Rates in Australia , New Zealand and the UK have been at record lows
    for some time, and there are currently several Economic commentators suggesting
    that Interest Rates will begin to rise again later this year .
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The SMH article continues,

"Markets have also started to price in a small chance of an increase in the cash rate by the Reserve Bank of Australia within the next 12 months from its record-low of 2.5 per cent."

Sydney Morning Herald Article

Rising Interest Rates rise stoke fears of Australia's recovery

Phone Craig Holme Consulting 0423 585 932

Wednesday, April 2, 2014

Benefits of Wholesale Finance - 1

Benefits of Wholesale Finance - 1

1) What is the difference between Wholesale and Retail ?
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2) Why choose Wholesale Finance options ?
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Very few people understand that Wholesale Finance options are available,
and that you can receive better Customer Service using this channel.
Some have had bad experiences trying to negotiate the
Do-it-yourself Finance options,
to try to obtain an Interest Rate reduction .
Ads appear on the Internet offering very low Interest Rates,
but the catch is that you have to work out the details by yourself.
If you encounter a problem or an obstacle,
there is nobody available to solve your problem,
so you are directed back to the Finance providers
website to obtain a normal Retail product.
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An analogy could be made with the large Wharehouse facilities where you can
purchase a huge range of products at a discounted Price.
But , can you find a staff member if you have a problem to solve ?
What about if the delivery for your order goes missing ?
It is extremely important to have helpful Customer Service
with your Home Loan,
as occasional challenges do arise.
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3) Who will help you with challenges on a "Work it out yourself Jack" Home Loan website ?
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4) What if you lose your job, and you need to restructure your Home Loan
to prevent you from defaulting ?
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In todays uncertain economy it is imperative to have flexibility with your
Lending facilities. If you were to suddenly lose your job,
do you have access to dealing with real people who
can deliver prompt Customer Service ?
A "Work it out yourself Jack"
website has a bare minimum of Staff available deliberately .

5) Where are the Customer Service staff on the Do-it-yourself Home Loan website

when you have a problem ?

6) How much Interest can you save by using Wholesale Finance options ?

The amount of Interest Rate savings varies depending upon the different features of the large range of Home Loan products . Some Loan products have far greater savings than others . Each individual case is assessed by matching appropriate Loan product options to the needs of the Client .

7) Why use only Bank sourced Wholesale Finance ? Some Economic commentators regard the Australian Banking System as the best in the world . This view is supported by the performance of the Australian Banks during the GFC . Second Tiered lending from overseas funds is regarded as not secure by many Economic commentators.

8) What are the advantages of Wholesale Finance Combo Loans ?