Fixed Rate Home Loan Expiring Soon?
What is a fixed rate home loan? A fixed rate home loan is an interest rate on your home loan rate for a set period of time. This means that your loan repayments will not increase or decrease if the home loan interest rate market changes. During the Covid19 pandemic and soon after, fixed rate […]
Offset Accounts
Many people have an offset account linked to there home loan however some still don’t use it to full effect. Your offset account is a normal transaction account which can help you save interest over the life of your home loan. It does not earn interest like other transactional accounts. Check out our pointers below […]
Financial Goals and Who Needs Them?
A financial goal is just like any other life goal. It’s a target you want to aim for. A financial goal relates to saving money and is the key to success when managing your finances and wanting to get ahead. Examples of financial goals are: Buy a house Pay off your mortgage Go on a […]
How To Manage Your Mortgage More Effectively
Managing your mortgage includes the repayments and understanding your loan conditions. To avoid costly penalties and stay on the path to paying off your home loan here are some tips that will help you manage your mortgage more effectively. 1. Set a budget.Managing your finance starts with managing your budget. Firstly, have a look at how […]
Update for First Home Buyers on the FHLDS
As of July 1, we began a new financial year and for first home buyers this now brings a new opportunity. The First Home Loan Deposit Scheme is an Australian Government initiative to assist First Home Buyers and in some cases single parents in purchasing their home sooner. This is no new scheme however the […]