Articles by Rita Thomas

Rita Thomas

is a Property Strategist with an accounting background and over 30 years’ Commercial Banking experience. She is a passionate property investor who enjoys helping her clients create wealth through property investment using Metropole’s strategic approach.
Visit www.MelbourneBuyersAgent.com.au


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A whopping 83% of mortgage holders would like to change lenders, but can’t and are therefore “mortgage prisoners” according to a new report by Mozo. Here’s the problem: while 38% of people intend to make the switch, 45% are unable to due to limited earnings and therefore paying a premium to own their property. Quick…

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From buying a home to bankrolling holidays, the “Bank of Mum and Dad” remains open for business according to new research. Most adult kids fly the nest eventually, but for many, financial support from their parents remains ongoing. Finder research shows that almost half (44%) of Australian parents help their adult offspring out with expenses….

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Christmas might be coming early for thousands of borrowers with a home loan. An October 2020 Finder survey of 968 Australians with a home loan found 1 in 3 (34%) will refinance over the next year. With 2.9 million mortgage holders in Australia according to ABS census data, that’s nearly 1 million (986,000) Aussies intending…

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How you manage your money can have two consequences: it’ll either make you more money, or it won’t. Strategic property investors know how to use their money to make more money and buy more properties sooner. Today’s challenging environment it’s harder for property investors and homeowners to obtain finance. So, let’s look at five ways…

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Australia’s banks have continued to cut home loan rates for new customers, despite no RBA cash rate move in the last six months. Ahead of tomorrow’s RBA board meeting, RateCity.com.au has analysed how much home rates have dropped since the last cut.  The Reserve Bank last lowered the cash rate on March 19, down to…

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How are your money habits? Have you become more cautious with your money this year? A new survey from RateCity.com.au has revealed 42 per cent of Australians believe COVID-19 has made them more proactive about how they manage their money. I’m surprised this figure isn’t higher! However, young Australians in particular are taking the bull…

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It is interesting that for most complicated processes that fall outside of our personal experience we are quick to enlist the help of a professional. There are not many people who will take care of their own commercial accounting or defend themselves in a court of law.  However, when it comes to bidding at a…

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How are your finances going? While the latest figures show household savings are rising in Australia, unfortunately COVID-19 has put a dampener on Christmas spending this year according to new research by Finder. A new Finder survey of 1,066 respondents revealed 37% of Australians aged 18 and above – equivalent to 7 million people –…

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