Whether you’re about to start your home buying journey, or you are considering refinancing, it’s important to understand what your best home loan rate options are for 2023. There are several key areas affecting home loans and interest rates that homeowners will be wise to look into for 2023. This includes the ongoing cash rate […]
Author Archives: Alexandra Ritchie
05
Dec
Dec
Whether you’re preparing to rent or sell your property, or you just feel like a fresh look, renovating an apartment can be extremely rewarding for homeowners. Unfortunately, it can be costly, so it’s not unusual to seek out cost-effective options for home maintenance and upgrades. If your apartment is looking a bit tired, but you […]
14
Nov
Nov
The home loan application process can be a time consuming and frustrating exercise for those who do have the documentation required for a standard home loan. For small business owners without a payslip from an employer, this process can be even harder. Luckily, there may be loan options available to you in the form of […]
07
Nov
Nov
Have you updated and renovated a room multiple times? Have you spent too much already on tweaking your kitchen or bathroom? If your answer is yes, then you may be guilty of overcapitalising. So, what exactly is overcapitalising? And how can Australian homeowners avoid this risk when looking to upgrade their home? Let’s explore how […]
31
Oct
Oct
Switching your home loan can cost you hundreds, if not thousands in fees and costs. However, the overall savings earned from a lower-rate or lower-fee home loan, or a new mortgage with additional perks and features, could cover these costs tenfold over the life of your loan. If you’re considering refinancing your home loan, but […]
24
Oct
Oct
The interest rate you may be offered as a new home loan customer could be significantly different from one you’re offered as a refinancer. After several years of paying off your existing loan, it’s likely you may be in a more advantageous financial position to nab a more competitive rate and home loan product. However, […]
17
Oct
Oct
As a higher rate means higher mortgage repayments, a lender will assess your ability to service a home loan, based on your current income and financial situation, on this larger payment amount. A higher-rate environment may mean that you cannot borrow as much for a home loan, as you would not be able to afford […]
10
Oct
Oct
One of the hardest decisions an Australian home buyer has to make isn’t just which property to bid on, or which area to buy in, but the choice between a variable interest rate home loan and a fixed interest rate home loan. The amount of interest charged on your mortgage is one of the most […]
04
Oct
Oct
Finding the right home loan to suit your needs can feel a lot like searching for a needle in a haystack. Thankfully, by arming yourself with the right information to compare mortgage rates, fees and features, you should be able to make an informed decision (that doesn’t break your budget). While there is more to […]
27
Sep
Sep
Whether you’re on the hunt for your first or fifth investment property, it can feel challenging knowing which home loan is the right fit for your investment goals. Luckily, there are key factors you can compare that will put you on the right path to your best investment home loan. It’s important to remember […]