Paying interest is understandably a common concern for prospective homeowners, and you may be wondering how this interest is actually calculated. There are a range of factors that influence what interest you will be paying on your home loan, so we have compiled a list of these for your knowledge. Principal amount The principal amount …
The loan features you have on your current mortgage may no longer be suitable, and could actually be preventing you from achieving financial freedom. By choosing to refinance, you can potentially access a better interest rate and save tens of thousands of dollars over the life of your loan. You can also consolidate debt, or …
More Aussie home buyers are turning to mortgage brokers to help them break into the competitive property market. Here are five reasons why coming to see us – instead of heading to your bank – is a smart choice:
With inflation smashing market expectations, economists are tipping a rate rise this year. The latest Australia Bureau of Statistics data found that the consumer price index for the December quarter was up 3.5% over 12 months. This was above the Reserve Bank of Australia’s (RBA) 2 to 3% inflation target, which they forecasted for 2023 …
