Canstar has released its bi-annual Star Ratings report, recognising Reduce Home Loans among the top performers in four home loan categories. Every six months Canstar analyses all loan products and lenders in its home loan database and rates them according to value on pricing and features. The Star Ratings serve to help Australians make easier […]
Author Archives: Reduce Home Loans
Purchasing property with a single income can feel challenging, but when you’re a single parent it may feel more like an uphill battle. However, the dream of home ownership is still achievable thanks to Australian government schemes, grants and concessions that may help you get a foot on the property ladder. The property market is […]
The New Year is upon us and you, like many Aussie homeowners, may have renovations on your mind. If 2021 was a year of spending time inside and potentially saving up some rainy-day funds, then 2022 may be the year you make your ideal home projects a reality. If your home is feeling a little […]
Whether you’re a first home buyer or a current homeowner, having a large home loan debt can feel overwhelming – especially with interest rates tipped to increase over the next few years. And with property prices at eye-watering levels across the home loan market, particularly in capital cities like Sydney and Melbourne, keeping your home […]
If you are taking the plunge and purchasing your first property, understanding mortgage jargon and concepts can be intimidating. One of the frequent terms that you’ll encounter is LVR or loan-to-value ratio, but how do you define LVR? And why is it important? Loan-to-value ratio or commonly known as LVR is the amount you’re borrowing […]
For first home buyers, saving up a property deposit is arguably the most difficult process of getting a foot on the property ladder. But all that hard work may not pay off if you’re making any of these common financial mistakes. After you’ve saved up a sizable nest-egg, you need to find a home loan […]
If you’ve been paying off your mortgage for some time, you may not be aware that your diligent repayments could be your ticket to a more competitive home loan option. Many first home buyers will opt for a no-frills home loan option when trying to buy property as, after all, you’re just happy to get […]
Lockdowns and restrictions across Australia have been challenging for everyone involved, but for would-be buyers hoping to purchase property, it’s a strange space to navigate. In Victoria, inspections and in-person auctions have been banned and can only be conducted remotely. In New South Wales it’s also tricky, with open homes and auctions banned in Greater […]
The home loan interest rate battle rages on with more competitive rates being announced. One major bank introduced its cheapest introductory variable rate starting with “1” however the bank also increased several of its fixed interest rates. The great news is, based on Canstar’s database, the cheapest variable interest rate for owner occupiers is still […]
Lockdowns now feel like they’re extending into forever and the novelty of working from home has truly overstayed its welcome. So, if you’ve not yet created your ideal working space, now may be the time. We previously spent around a third of our lives in an office or work environment, and thanks to COVID-19 […]