Buying a home is not an easy task. Add to it the legwork of selling your existing home, and you can expect a whirlwind of paperwork, confusion, deadlines and running around.… Read More>>
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>>
Think you can’t buy a home because you have no deposit? There are lots of ways to work within the system. There are only a few no deposit mortgage options in Australia. Learn how people borrow 100% of the property price with such home loan deals.… Read More>>
It’s no secret that saving for a house is tough. Raising the money for a deposit can seem to take forever, even if you’re consistent with your savings plan. But since 2018, First-home buyers have been allowed to use up to $30,000 of voluntary superannuation contributions to place a mortgage deposit in an effort to help young people gain a foothold in the property market.… Read More>>
The Reserve Bank governor said Australia’s cash rate might be cut further if income and spending growth were weaker than expected in the coming years. What does a drop in the RBA’s official cash rate mean for your finances? Find out here.… Read More>>
Offset accounts and redraw facilities are both home loan features. They let borrowers use their spare cash to whittle away the mortgage. Deciding between an offset account and a redraw facility on your home loan largely depends on how accessible you need your extra money to be.… Read More>>
Confused about whether to hire a conveyancer or solicitor? Learn the key difference between conveyancer and solicitor. Generally conveyancers have detailed knowledge in one area of law, being property law. Solicitors on the other hand have specific knowledge about property law but also broader knowledge of the law in general. But it’s not the only difference…… Read More>>
Mortgages are long term commitments that can affect your lifestyle for some time to come. By fully understanding the terms of your mortgage and the amounts you will be paying you will be in a better position in the long run.
Looking for investing in a property? Here’s the essential mortgage terminology you need to know before you go house hunting.… Read More>>
Buying a house is an exciting time, but you must plan your finances well to avoid any mortgage stress. Follow these simple tips to negotiate the best price for your property purchase.… Read More>>
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>>
