Part of making sure it’s a good time to refinance is determining that you’re ready to do it. As home loans are a significant financial commitment, you’ll need to be sure you can cope with the changes.
Articles Tagged ‘home loan’
Many industry experts are now expecting an interest rate rise in March and further rises to follow throughout 2014. So with this in mind, people are starting to ask me ‘should I fix my home loan now?’
There are lots of reasons to refinance your home loan. Part of making sure it’s a good time to refinance is determining that you’re ready to do it. As home loans are a significant financial commitment, you’ll need to be sure you can cope with the changes.
Christmas is a time when spending is on everyone’s mind and saving is far from it. Saving your pennies throughout the year is the ideal way to have extra cash by Christmas, but for the less organised, there are other ways to find extra money if you’ve left your run too late.
It’s easy to become comfortable with your home loan over a long period of time. While this can be a good sign to show that you’re happy with the loan you have, it can also lead you to miss out on other things. For instance, you might become a little lazy when it comes to […]
Dealing with debt can be stressful. You might be managing multiple payments to different lenders or paying various interest rates across accounts. You may just have an outstanding credit card debt hanging over your head. Many people choose to consolidate their debt into their home loan to simplify the process by making one regular payment […]
There are many ways to put yourself in a better position to get the right home loan for your needs. With the Reserve Bank looking at introducing loan-to-value (LVR) restrictions it’s never been more important to put your best foot forward when applying for a home loan. The Reserve Bank see these restrictions as a […]
When buying real estate, you’ll be taking on one of the biggest investments of your life. But your property is likely to also be your biggest asset. While the brunt of these purchases are usually felt through repayment of home loans and mortgages being paid back across several years, a house is also an investment […]
Recently banks and lenders have seen a huge increase in home loan applications which is causing some frustration for buyers. So whilst the demand for home loans is high, here are some of my tips on how you can place yourself in the best position to be approved faster. The greatest opportunity to speed up […]
Low documentation home loan (Low Doc) solutions are designed to suit self-employed customers and small business owners. Low doc loans allow you to apply for the finances you need without the financial statements or tax returns that are usually required. Low doc home loans are now provided mostly by non-bank lenders up to 75% or […]