Many lenders are making out of cycle home loan interest rate increases at the moment to meet new regulatory demands and to cover their own rising costs of borrowing money. Only customers on a fixed interest rate have been protected from these rate rises.
Choose a licensed broker. Unlicensed brokers are illegal operators which means you mightn’t be protected if things go wrong. You can check if a broker is licensed by searching ASIC Connect’s Professional Registers.
Each Sunday John Symond answers one of your questions – this Sunday we’re looking at how often you should consider refinancing your home loan.
Each Sunday John Symond answers one of your questions – this Sunday we’re looking at how to fund a backyard swimming pool if you don’t have the cash at the ready.
Each Sunday John Symond answers one of your questions – this Sunday we’re looking at why it’s important to get a second opinion on your home loan.
Mortgage broking in Australia has been around for decades but many people still don’t understand what a mortgage broker does and how their service works. Join us for our myth-busting blog series as we address some misconceptions about mortgage brokers. Despite that approximately 50% of people now use a mortgage broker to get a home More…
While refinancing is pretty straightforward it can still throw up some surprises so here are six steps to smooth refinance sailing. Let’s face it, dealing with home loans, lenders and finances can be stressful, but it’s important to stay on top of it because you could save thousands of dollars and years off your home More…
With a record-low official cash rate lingering, now may be the time to refinance to a better deal so here’s an overview of what’s involved to get you started. With the RBA keeping the official cash rate at its record low of just 2.5% for over 12 months now and lenders being increasingly competitive to More…
Customers often ask me what a Home Loan Health Check is, and I tell them it’s the single most important thing you can do to ensure you’re getting the most out of your finances as they relate to your property value and the housing market.
With big savings possible from refinancing, start planning how you’d spend the extra cash.