Why are Rates Rising?

Why are Rates Rising?

Our big banks source between 30-40% of the money they lend from overseas sources, and over the past year the cost of this funding has risen. Around the world the flood of cheap money that followed in the wake of the Global Financial Crisis in an attempt to stimulate...
Avoid a Settlement Valuation Nightmare

Avoid a Settlement Valuation Nightmare

CoreLogic RP Data’s recent New Settlement Risk Report highlighted the flood of new apartments due to settle in the next two years in Sydney (81,696), Melbourne (80,503) and Brisbane (44,511), warning “Mortgage lenders have recently tightened their lending criteria;...
Real Estate Jargon Busters

Real Estate Jargon Busters

A. Accrued Depreciation – The total depreciation of a property over a period of time. Usually the difference between the replacement value at purchase and its present appraised value. Appeciation – An increase in a property’s value over time. Property can...
Real Estate Jargon Busters

Jargon Busters

A. AAPR: This stands for the Average Annual Percentage Rate. It’s a term we use to describe the “true rate” of a loan. We use the AAPR when we rank loans in our Toolbox software. We use it to work out the real cost of a loan, because it takes into...
Free Zippy Finance Home Buyers Guide

Free Zippy Finance Home Buyers Guide

Planning to purchase your first home?   Don’t know where to start?  Let Zippy Finance help you take the first steps to becoming a home owner by downloading our home buyer’s guide.  Simply click the image to download this FREE guide...
The Real Haunted Homes Of The USA

The Real Haunted Homes Of The USA

Whaley House Zippy’s first stop was San Diego which is the home of Whaley House which has been dubbed “America’s Most Haunted House” . Ghosts have been rumoured to roam the halls spooking visitors for well over a century.  Zippy...