_do-you-have-money-in-a-fixed-term-deposit.jpg "Do you have money in a fixed term deposit? from solicitors loans rates Video Screenshot Preview")
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⏲ Duration: 68 sec
✓ Published: 14-Jun-2020
✓ Published: 14-Jun-2020
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Are your personal funds in a bank fixed‐term deposit and currently receiving low returns?nnConsider becoming a private lender. It's your name on the mortgage.nnThe interest received from being your own lender is much higher than the interest you can expect to receive from any bank.nnAt the start of 2020, interest rates quoted from Australian institutions were up‐to 2% pa.nnBeing your own lender, means returns can be much higher, from 6.95% pa on 1st mortgages and from 14.95% pa on 2nd mortga
Are your personal funds in a bank fixed‐term deposit and currently receiving low returns?nnConsider becoming a private lender. It's your name on the mortgage.nnThe interest received from being your own lender is much higher than the interest you can expect to receive from any bank.nnAt the start of 2020, interest rates quoted from Australian institutions were up‐to 2% pa.nnBeing your own lender, means returns can be much higher, from 6.95% pa on 1st mortgages and from 14.95% pa on 2nd mortga
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