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. […]
Our Tips for Getting Ahead on Your Mortgage Repayments
Most Australians dream of owning their own home and finalising their mortgage repayments and in the current market, being debt-free and paying off your mortgage is achievable if you follow these few tips: 1. Make your repayments more frequent. Now that interest rates are at a record low, it means you can pay off your loan […]
Helping Clients Take Advantage of Record Low Interest Rates
Launch Finance recently assisted a client save thousands on their interest rate across two home loans through negotiating a better deal with their current lender and taking advantage of the current low interest rates. The client hadn’t reviewed their home loan in over 5 years and now that their interest only loan was about to […]
How Can I Make the Most of the Low Interest Rates if I Already Have a Home Loan?
Interest rates are a hot topic in the property home loan market at the moment with interest rates at an all-time low. In May 2015, the Reserve Bank announced that it would cut cash rates to a record-low of 2 per cent. Banks and other types of lenders naturally followed suit. Yes, this has happened in […]
Fixed Rate Interest Loans Vs. Variable Interest Rate Loans – What Are the Pros And Cons of Each?
This can often be one of the most difficult decisions to make when taking out a home loan and there are many arguments for and against both fixed and variable interest rate loans. Do I fix my interest rates to take advantage of the low interest rates or do I go with a variable interest […]