With interest rates at an all-time low, and many lender’s fixed rates lower than their variable options, locking in an interest rate on your home loan to guard against possible future fluctuation may be attractive. However, it pays to know the “ins and outs” of fixed-rate loans before committing to one. When purchasing a property, […]
It’s not rare for anyone to, every once in a while, accumulate debts due to various reasons beyond our control. No matter how much effort we put, debt seems to keep mounting with no sign of relief in sight. Getting out of the debt requires serious planning and a rigorous effort. In this article, we […]
Originally Published by MFAA. If you are concerned about servicing your loan, reach out to your local mortgage broker for help. As Australians everywhere take a close look at their financial circumstances, mortgage brokers stand ready to lend a helping hand. Whether experiencing financial hardship through job loss, a reduction in work hours, or business […]
What are some decisions to make in this time of uncertainty and crisis, to alleviate some of the financial pressure caused by your lending? In the past few weeks, many of our fellow Australians have lost their jobs, have been stood down or are on unpaid leave, or have had their employers close down temporarily […]
Another month, another rate cut but still the same old repayment. Finance can be incredibly tedious. That is until you realise it could help you get more money in your pocket. But how? For many, matters of personal finance are so dull and/or difficult, they immediately file them in the “too hard” or “too boring” […]
Buying your first home is a bittersweet moment for everyone. Sweet because of the excitement and freedom you feel as you browse your dream home and take a leap into independence. Bitter, because of all the confusion and stress that springs from trying to finance this purchase – Where do I start? Who do I […]
What is refinancing? In the simplest terms, refinancing means taking your home loan to a new lender. In doing that, most of your transaction accounts move to the new lender as well. Whether you’re after lower repayments, you want to tap into the equity sitting in your home, or you want to consolidate your debts, refinancing can offer […]