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The decision by the Reserve Bank to further reduce the cash rate provides a world of opportunities for those with mortgage finance and every mortgage holder would be well advised to make the most of these rates while they can. This interest rate situation may last for quite a while but it may also be short-lived. The truth is, no one knows how long we are going to enjoy these rates. There are several ways to make the most of the record low interest rates: Look to reduce debt

With the $20,000 Queensland First Home Owners Grant (FHOG) finishing up on the 30th of June this year I’ve had a real spike in enquiries on what exactly you can do with the FHOG. Many these enquiries are coming from people that would like to take advantage of this cash boost but have little or no savings of their own. So, the three main questions are: Can I use the FHOG as my deposit? Can I use the FHOG as genuine savings? Can I just use the FHOG and no savings to buy somethi