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 […]
Tag Archives: Offset
If you’re a homeowner paying off a mortgage, chances are you’ve been enjoying the current record-low interest rate environment. But when it comes to the home loan market, what goes down must eventually go up again. Borrowers may be asking themselves when they can expect a cash rate increase, and what options do […]
Times are challenging for first home buyers, particularly those in capital cities like Sydney or Melbourne. That’s why it’s essential they arm themselves with the best tools to give themselves a fighting chance and succeed in nabbing a home loan. Whether you’re wondering how you’ll ever get a foot on the property market, you’ve saved […]
Whether you’re a first home buyer or a refinancer, choosing a mortgage with features can help you to unlock your home loan’s potential. Oftentimes, first home buyers can find themselves gravitating towards “no-frills” home loan options. This helps to keep repayment costs down in those early years of having a mortgage. Home loans with greater […]
So most of us have heard the term ‘Offset account’ and we know with a Home Loan offset account we can save thousands of dollars and even shave years off the life of our Home Loan… but how does it really work? In a nutshell, an Offset account involves your savings offsetting the amount […]