The average Australian homeowner is paying more than $37,000 in extra interest over the life of their home loan due to the loyalty tax, there are things you can do to save yourself from excess repayments. Without frequent review of your home loan, it’s easy to fall into the common Read more…
With interest rates at record low levels, the number of homeowners refinancing skyrocketed to an all-time high in July. Today we’ll run you through why so many people are refinancing, and why you should consider doing so too. We’ve discussed the concept of refinancing in the past, explaining what it Read more…
refinancing your home loan within debt consolidation can give you a breath of fresh air when it comes to your finances. You no longer will have heaps of different loans to pay off, rather all your loans will be under one umbrella.
If the housing market seems impossible to enter, you may want more information about the steps you can take to make it easier or more accessible to you. Understanding key approaches to affording a property purchase will bring you one step closer to buying your first dwelling. 1. Taking Advantage Read more…
Are you intending to apply for a home loan soon? Has your home loan application been rejected in the past? Understanding certain factors that influence your attractiveness to lenders may help you boost your chances of being accepted. There are a number of things that can have an influence on Read more…
The Commonwealth Bank has just announced an increase of its three-year fixed rate for owner-occupiers. If you’ve been thinking about fixing your interest rate, it could be high time to do so. I do not typically write about specific banks and their specific products, as each will work differently for Read more…