Rate Lock Explained
Are you worried an attractive loan rate you are being offered might change before your loan settles? Opting for a Rate Lock might be the perfect solution to keep your mind at ease! Read through to discover what they are, when to take them, and how we can assist you throughout this process.
Fixed Rate vs. Variable Rate Loans
What’s the difference between fixed rate and variable rate loans and how do you know which one works better for you? Read through to discover their pros and cons and learn what you can do to leverage the advantages of both!
How does an offset account work? How is it different from a Redraw?
How does an Offset account work? What is the meaning of Redraw? What are the differences between the two and which is better for you? Join our award-winning broker Kristin Tunbridge to find out!
Pay off unwanted debt!
When you are staring at a mountain of debt it can feel like you are at the starting line of a marathon and the finish line looks impossibly far away… But, just like when you embark on a marathon, you take one step at a time. The first step is always the hardest. But once you take that first step, then the second step and so forth you will start to get into the routine, and you will be well on your path to pay off that unwanted debt.
APRA’s Rate Update: 6 Tips to Maintain your Borrowing Capacity
APRA, the regulatory body that supervises the banks of Australia issued a requirement for banks to increase their assessment rates by 0.5%. Borrowing capacity is expected to decrease by 5% because of the recent APRA’s rate update.
Debt Recycling and How It Can Help You Improve Your Financial Position
Debt is unavoidable for many including property owners, business owners and individuals! Learn more about organising your debt and debt recycling! Debt recycling is helping people pay down loans and leveraging on debt in a net positive manner!
Employment Types and How They Affect Your Loan Application
You may be a permanent or casual employee, work multiple jobs or be paid based on commissions and so on. How does your employment type affect your loan application with the banks?
7 Tips to Reduce Loan Costs and Save
Loans are part of our lives, be it a home loan, car loan or a business loan. Here are some useful tips on what you can do to reduce the costs of your loan!
Should you apply for a mortgage repayment holiday?
A mortgage repayment holiday is becoming increasingly popular. Read this article and what the video below to find out what a mortgage repayment holiday really is and its pros and cons.
How to secure a better rate from your lender
Mortgage broker Marissa Schulze has never seen this sort of buyer demand in her long banking career, with property values and rentals soaring across the market.