Home equity can unlock the door to an investment property.
So you’ve refinanced your home loan and you’re enjoying valuable savings. Now, here’s an innovative way to make that spare cash work harder.
With record low rates on offer it can be tempting to refinance to a better deal – just be sure you’re not falling into some classic traps.
Interest rates are at record lows. Banks are hungry for your business. Could now be the time to refinance?
Finding out what’s involved with refinancing and some tips from John Symond on those thinking of getting into the property market for the first time. Check it out in This Week’s Picks!
Interest rates are tumbling, the mortgage market is tight and lenders are hungry for your business. All this adds up to great opportunities to get a better deal by refinancing your home loan. So let’s take a look at what’s involved.
Fixed rates are at their lowest in over three years – so is now the time to lock in?
Download Ross Greenwood’s first interview of the year with John Symond on 2GB on 30/1/13.
While most home renovations are funded by refinancing the mortgage, a smart way to do it is to look at a personal loan as it can offer the borrower more flexibility.
I’ve never been an advocate of fixing a home loan, it’s been my experience that so many things can change over a typical fixed rate period, that locking in for three to five years is just too lengthy.