Why do people refinance?

In years gone by, homebuyers would stick with the same bank for the life of their home loan.   While this might be an easier option, you will likely end up paying far more in interest than you otherwise would, if you found a more competitive interest rate.   There are many reasons that people […]

How to Boost Your Borrowing Capacity

If you’re in the market for a property, it’s vital that you maximise your borrowing capacity in the eyes of a lender. Fortunately, there are some quick and easy ways you can do that:   Remove any unused credit cards. Lenders assess your overall credit card limit as if it is maxed out. If you’re […]

How You Can Manage Your Debt to Buy a Home

  By Elena Stewart  on behalf of IAMXO   Ideally, you want to buy a home without any substantial debt following you around. But for many people, that’s not a reality. Consumer debt, student loans, car loans, and other types of debt can easily add up to a big number.   But don’t worry—you don’t […]