What is a Fixed-Rate Lock In?
When you take out a home loan, you have the option of choosing one with a variable rate or a fixed rate. As the name would suggest, a variable rate loan is one where the interest rate changes in line with the rates set by the lender. Meanwhile, a fixed rate loan is where the […]
Hidden Costs to Be Wary of When Reviewing Your Home Loan
When looking to take out or change loans, it may be a good idea to review the potential hidden costs before signing the dotted line. The reason for this is that there may be hidden costs in your loan that may actually make it more expensive in the long term. Below are some of the […]
Save Thousands with Residential Interest Rates on 6 Unit Developments
Developing a multi-unit property can be a big enough task on its own, without having to deal with the higher interest rates that usually apply to a development of that size. Launch Finance has access to an exclusive option, which can potentially save you thousands of dollars in interest over the term of the loan. […]
Interest Rates At An All Time Low, But For How Long?
The cash rate in Australia has remained at an all time low of 2.5% since August 2013, easing the pressure on homeowners and their wallets, but how long will these rates last? Economists are tipping a definite move on interest rates this year – but they are still divided on whether rates will go up […]
Taking the Time to Really Understand Our Client’s Situation
We were recently referred a client, who had been denied a loan on multiple occasions with another broker. We were able to assist this client in completing the necessary financial paperwork in order to access the funds they required. This client, who was referred to Launch Finance by the property agent, had been dealing with […]