The Do’s and Don’ts of Refinancing
Is your current lender offering you the most suitable deal possible or are they offering new clients better deals? It is important to question your loan in the current market if you’re paying high interest rates as you could be taking advantage of the record low rates. Before you consider refinancing your home loan, it is […]
What Costs are Involved in Purchasing a Home?
When you’re buying a home, you should know exactly how much it’s going to cost you. For one, it will help you plan better, and another reason is that it will help you avoid charges that some lenders may hide in their product. Here are some of the extra costs to consider when buying a home: […]
Fixed Rates – What You Need to Know!
Fixed interest rates are a hot topic right now, due to the recent drop in interest rates. There are now options to fix their interest rate lower than the variable rate on offer from the bank. This product allows you to set a rate on your loan for a period of 1 – 5 years. […]
Greater Understanding of Living Expenses Necessary for Affordable Lending
When purchasing a home, it is essential to consider other living expenses outside the applicant’s mortgage repayments, to get a better understanding of their lending capabilities. In the past, lenders have used an indexed living expense to determine the budget for the household, dependent on the number of adults and children living in the house. […]
What Renovations Will Help Add Value to My Home?
Australians love to renovate their home, whether they are living in it or renting it out. The age old question still stands, what renovations will help add the most value to my home? 1. A fresh coat of paint. Now this may sound simple, but a fresh coat of paint on all of the walls […]