Is your interest rate burning a hole in your wallet?

The mortgage marketplace has turned highly competitive in the past few years. As a result, most banks are offering deals and discounts to new customers to expand their customer base. However, the cheaper rates for new customers are fuelled by the pockets of existing home borrowers. Yes, lenders are increasing fees or raising rates for… Read More>>

Interest-only borrowers could see their mortgage repayments rise by $7,000 annually over the next three years

According to an ASIC survey of 11 lenders conducted in 2015, one in every four owner-occupiers and two in every three investors are interest-only.     Reason? Interest-only loans offer certain advantages compared to principal and interest loans, such as lower repayments during the interest-only period and greater tax deductions for investment properties. Despite these… Read More>>

Are you paying too much interest on your home loan?

Choosing a home loan is one of the most important financial decisions you’ll make. A difference of a few basis points on your rate can save you thousands of dollars over the life of the loan. Thus, it makes sense to compare home loan rates from various lenders to choose the best deal for financing… Read More>>

Understanding the comparison rate

Home loan rates in Australia have been low for some time. Presently, if you are paying anything more than a figure with a 3 in front of it, there are chances you can find a more competitive deal in the market, potentially saving you thousands of dollars in the long run.     But, wait.… Read More>>

It is possible to negotiate a better rate on your home loan

A new study reveals that one in two Australians consider themselves to be good at driving a competitive deal. Yet, less than 50 percent have bothered to negotiate a better rate on their home loan!     Lender advertised rates in the market have remained around the five percent mark in the past few months.… Read More>>

HashChing is helping Australians by providing access to the pre-negotiated home loan deals. Obligation free consultation with one of our partner brokers might save you time, hassle and money.