When deciding on a home loan provider, many people choose to approach their own bank in the first instance, believing it makes sense to work with a lender already managing their everyday banking. This is not always the best option however, and it could mean missing out on better deals. To help you decide on the right lender, we’ve outlined some of the pros and cons of big banks, small banks and non-banks.
Topics: Pre-approvals, Home Loan, Mortgage, Australia Property, Australia Real Estate, mortgage rates, Home loan rates, family home, non-bank lender, lending options, Bad credit
A bad credit rating can put the brakes on your home buying plans, but it doesn’t have to be the end of your journey. Understanding what bad credit is, how to avoid it, and what your options are if you already have a bad credit rating, can help you decide on the next steps to take when buying property.
Topics: Pre-approvals, Home Loan, Mortgage, Australia Property, Australia Real Estate, mortgage rates, Home loan rates, family home, non-bank lender, lending options, Bad credit
If you haven’t already given much thought to budgeting for the year ahead, now’s a good time to start. Having a budget can help you reduce overspending, help you save more, and ensure you avoid situations where unplanned expenses drive you into debt. To help you plan a more financially secure 2018, here are our top budgeting tips.
Topics: Debt Consolidation, Interest Rates, Australia Property, Australia Real Estate, mortgage stress, mortgage rates, Home loan rates, Homeowners, Budgeting
New research has revealed that nearly a third of Australian households are already under mortgage stress, a figure that looks set to continue rising if past figures are anything to go by. Read on to find out how to prevent yourself from falling into mortgage stress, and what to do if you’re already in it.
Topics: Debt Consolidation, Interest Rates, Australia Property, Australia Real Estate, mortgage stress, mortgage rates, Home loan rates, Homeowners, Christmas Debt
According to the Reserve Bank of Australia, the nation spent an estimated $30 billion dollars on credit cards in December 2017. Almost half of all Aussies won’t be able to repay their Christmas spending within their interest-free period. If you’re one of those who overspent during the holidays, it’s time to take action. Here’s how we suggest you manage your Christmas debt hangover.
Topics: Debt Consolidation, Interest Rates, Australia Property, Australia Real Estate, mortgage rates, Home loan rates, Homeowners, Christmas Debt
Investing in property has the potential to provide astute buyers with an excellent return. But, as any seasoned investor will tell you, you need to spend money in order to make money. It needn’t cost you thousands of dollars, however, to add value to your home and increase your equity. There are a few key things you can do even on a shoestring budget.
Topics: Interest Rates, Australia Property, Australia Real Estate, mortgage rates, Home loan rates, Homeowners
Property hot spots, Sydney and Melbourne, appear to have reached a turning point, with house price increases slowing in both major centres and auction clearance rates dropping significantly. Could this be your chance to pick up a property bargain before Christmas?
Topics: Interest Rates, Australia Property, Australia Real Estate, mortgage rates, Home loan rates, Homeowners
There’s nothing quite like Christmas for evoking memories of long, lazy summer days, presents under the tree, and BBQ’s on the beach. Unfortunately, for many people though, Christmas can be a stressful time too. Coping with extra expenses at this time of year without blowing the budget is a challenge. Here are our tips for doing just that.
Topics: Interest Rates, Australia Property, Australia Real Estate, Australia Budget, mortgage rates, Home loan rates, Homeowners, Christmas Debt, Budgeting
If your interest rate doesn’t start with a three you could be losing out. That’s according to a money expert following a survey conducted in 2017 by Finder.com.au, that reported more than half of all homeowners in Australia failed to ask for a better deal on their home loan rate. By simply asking the question most homeowners fail to ask, you could shave thousands of dollars off your home loan repayments.
Topics: Interest Rates, Australia Property, Australia Real Estate, mortgage rates, Home loan rates, Homeowners
