With a home loan it’s easy to just ‘set and forget’. But it’s sensible to review your home loan every three years or so. We’re living in a world of rapid change, where interest rates are at an all time low, new lenders emerge and more competitive products become available so keeping the same home loan for 30 years could cost you more money than you need to spend! In this article, we provide the process to refinancing your home loan, breaking it down into simple layman’s terms. But before we get into that, let us clear up a few common questions about refinancing. [Read more…]
With the current impact of the COVID-19 pandemic effecting individuals and businesses globally, more and more companies are requiring their employees to work remotely. Many people have previously dreamed about working from the comfort of their home to avoid commuting and have more time for themselves and their family. However, working remotely is not always as easy as it sounds. Sure, you are at home, but some will find it’s hard to actually get work done. [Read more…]
You may have heard the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has made some recommendations about changing how mortgage brokers get paid. There’s been a lot of noise in the media, so we thought it might be a good idea to update you about what’s going on and how it may affect you as a home loan customer – but first, we’d just like to say that it’s business as usual for the time being.
Are you thinking about buying a home and wondering how you’ll cover the mortgage repayments and still have a life? Remember Cousin Jimmy mentioning he was looking for a new pad? Sure, he’s a little ‘unusual’ with his back-scratcher collection and all, but if living with his bizarre hand gadgets means you’ll score some help with the rent, then why not?
Last year, the Federal Government introduced down-sizing incentives aimed at the baby-boomer set. Add this to rising capital city property prices that give just about everyone an incentive to cash-in on their big home, and it’s not surprising that more and more people are looking for smaller, less expensive places to live.