Is It A Good Idea To Refinance Your Mortgage? According to experts, if you are on the same mortgage since the past three years or more, chances are there are better deals in the market that you may be missing out on. Steven, a HashChing mortgage broker, explains, “It is good to do a health check on your mortgage from time to time. My… Read More>>
The Best First Home Buyers Guide To New Construction 🏚 Purchasing a newly constructed home requires more involvement from the buyer than a resale transaction. Keep these tips in mind to ensure a smooth deal and maximize your enjoyment with your new home. … Read More>>
How Mortgage Brokers Act in the ‘Best Interests’ of Their Clients According to a joint submission from four consumer groups to The Treasury, some mortgage brokers don’t always obtain better-priced loans for their clients, and they don’t always offer them a diverse range of loan options. How can a mortgage borrower make sure to work with the right mortgage broker?… Read More>>
How To Refinance Your Home Loan in 3 Steps Refinancing is when a homeowners takes out another loan which is used to pay off their first mortgage and any secondary liens on their home. If you’re considering to refinance your home loan, it’s important to do your research to ensure you’re making the right decision. The whole process can seem too hard and difficult. Here are 3 easy steps to refinance your mortgage, lower your payments, consolidate debt or pull cash out.… Read More>>
Do I need a mortgage broker? If you’re looking for a mortgage, you might be wondering whether or not you should talk to a mortgage broker or go directly to the lender. A mortgage broker is someone who compares the market for mortgages and provides impartial advice to help you find the right deal. … Read More>>
7 Bad Mortgage Behaviours To Avoid The most common mortgage mistakes borrowers make and how to avoid them. 7 things you must not do to get your mortgage application over the line. Avoid these bad mortgage behaviours that can lead you into a financial disaster. … Read More>>
What homebuyers must know about the RBA cash rate The RBA is Australia’s central bank that is responsible for establishing the monetary policy of the country. It does so by setting the cash rate, which refers to the interest rate at which Australian banks can borrow money from the RBA, as well as, other institutional lenders. The cash rate, therefore, acts as the benchmark rate for the rest of the country.… Read More>>
How to overcome mortgage stress According to experts, borrowers can manage their home loan better by reviewing their interest rate as well as features, that could potentially help them get ahead of their mortgage.… Read More>>
How to put up your home loan deposit without cash While your mortgage lender requires you to have a 20 percent home loan deposit, it is not your lender to whom the deposit is paid. The deposit is directly paid to the vendor or their real estate agent, at the time of exchanging contracts or on the auction day to seal the deal.… Read More>>
Financial knowledge could save you money It is rare to come across a layperson who enjoys dabbling in numbers. Most people find it boring or tedious to work with numbers, and prefer to ‘guesstimate’ financial decisions, including buying a house, than basing them on sound facts and figures. Of course, you already know that such an attitude could be bad for your financial health. New research by home loan lender ME Bank reveals alarmingly poor levels of financial, more specifically, basic property buying literacy.… Read More>>
