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Investing interstate

When people think of buying an investment property, many only think locally. Investing in a property interstate could possibly be a smarter idea, potentially resulting in a better return on your investment. it may also be a potential way to snaffle a bargain. You could be buying into an area with greater potential capital growth [...]

By |2019-04-02T04:30:30+00:00April 2nd, 2019|home loan, Loan Basics, loans, mortgage|0 Comments

When is the best time to refinance your home loan?

As a home owner with a mortgage, chances are you’ve heard of the term 'refinancing'. Refinancing involves reviewing your current mortgage, and potentially swapping your loan to another lender who can better meet your current needs, wants and circumstances. Refinancing can also allow you to consolidate your debts or pay down your mortgage more quickly. [...]

By |2019-02-14T01:53:48+00:00February 14th, 2019|home loan, Loan Basics, loans, mortgage|0 Comments

Understanding which home loan features are right for you

Loans are by no means ‘one size fits all.’ Different loan types suit different age groups, different living situations and even different attitudes to money. A common trap some home-owners fall into is to consider a mortgage ‘set and forget’. You did your research, shopped around, found the right option and now you’re reluctant to [...]

By |2018-11-07T01:50:39+00:00November 7th, 2018|home loan, Loan Basics, loans, mortgage, Uncategorised|0 Comments

How redraw works and why it’s a handy loan feature

It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why: The redraw facility explained A redraw facility lets you make additional repayments to reduce your variable rate home loan balance and save on interest. If you pay more than your minimum scheduled repayments, then you’ll have [...]

By |2018-10-26T04:08:35+00:00October 26th, 2018|finance, home loan, Loan Basics, loans, mortgage|0 Comments