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 […]
4 options to get on the property ladder sooner
While it would be nice if we could all go out and buy our dream home today, the reality is that it usually takes time to achieve our goals. The good thing is that even if you can’t quite afford your dream home right now, there are still other options to get onto the property […]
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 […]
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 regularly refinance […]
How to Refinance a Home Loan.
With interest rates at record low levels, there has never been a better time to look at refinancing your current home loan. If your current lender is not prepared to give you a better deal (i.e., rate reduction), then it might be well worth taking the time to speak with a mortgage broker to […]