Merry Christmas and welcome to the last Dominion Finance Newsletter for 2022. Well, it certainly has been another tumultuous year, with the ongoing Covid presence, war in the Ukraine impacting global markets, and closer to home rising inflation and interest rates. The Reserve Bank handed down another rise to the cash rate today and this…
Staying loyal to your lender could be costing you Homeowners who have not made any changes to their current home loans since the Reserve Bank commenced raising interest rates could be missing out on potential savings. While you may think that your loyalty to your lender will be rewarded, a recent 2022 analysis of the Australian…
Welcome once more to this month’s Dominion Finance newsletter, which is about preparing for the inevitable. Just like death and taxes, increases to the cash rate are now another grievance we must put up with. Watching the Queen’s funeral recently, I marvelled at the perfect precision how all the pomp and ceremonies took place. There…
Did you know making eco-friendly home improvements are not only great for the environment but can also add value to your property and can help you save money over time? Energy efficient homes perform better on the market. In this competitive market with costs continuing to rise, potential buyers are starting to search for eco-friendly…
Goodbye winter and the cold weather and bring on the warm sunny days. Welcome to Spring 2022 and this month’s newsletter. This month’s newsletter is about Buy Now, Pay Later (BNPL) services which has seen a major change to how many of us shop. Over the past two years the BNPL sector has enjoyed a…
Hi and welcome to this month’s Dominion Finance newsletter Here we are in August on the downhill slopes of winter, surely the warm weather cannot be too far away. The Reserve Bank raised the cash rate another 50 basis points today, and along with inflation at 6.1% it feels like we are going to be…
Why pay off a mortgage early? One of the most common reasons to pay your home loan off early is to reduce the total cost of your mortgage. For every extra dollar you pay in advance, is a dollar that will not accrue additional interest, ultimately, keeping your overall loan term down and saving you…
Happy New Financial Year ! Dominion Finance Celebrates, This July we celebrate the 20th anniversary of Dominion Finance. Suzanne and Melita started Dominion Finance in July 2002 after working together at NAB and Bendigo Bank where they both realised, they could offer clients a better service and loan offerings as mortgage brokers. This was a brave…
Welcome to the winter of 2022, a new season of change. Not only a change of season, but also change of government, changes to the cost of groceries and fuel, plus a change to prices in the housing market. Just like the outside temperature the housing market is losing all its heat that it has…
Refinancing your home can be a great way to lower your monthly repayments, access additional loan features and help you pay your home loan off sooner. As your circumstances and life continually changes, it is essential that your home loan continues to meet your needs. Even if you have only had a home loan for…