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Buying your first home is an exciting experience. However, it is also stressful for many home buyers who find themselves struggling to make sense of the complicated financial products and jargon in the market. If you find yourself wondering how to handle your first mortgage, here’s a rundown of the most important things you should know before taking out your first home loan
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Banks have been cracking down on investor lending, and borrowers are feeling the brunt of increasing interest rates. From here, rates are projected to go one way – and it’s not down, says mortgage broker Mardee Blackwood.
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Properties that generate a high cash flow are in significant demand. However, investors may fail to consider the downsides of positive cash flow investments – yes, they do exist – which can turn a cash flow gold mine into a bottomless pit. Jacqueline So reports
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