Most often, LMI is paid as a lump sum at the start of the loan. Imagine a world where instead of paying a large sum upfront, you could spread your LMI payments over monthly instalments.
What if You Could Pay Your LMI Monthly?
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With you on your property journey
Interest Rates
Rates on Hold for November
The RBA has chosen to maintain the cash rate at 4.35% in November.
Trick or Treat? The Next RBA Rate Prediction
The RBA remained determined to take steps against inflation but they did not discuss rate hikes directly.
Mark Bouris Debunks Interest Rate Myths
We could see interest rates come down and then go right back up. Borrowers must keep this in mind, especially as we enter a period of increased instability given what’s unfolding in the Middle East.
3 Things to Consider Before Purchasing a Unit
Are first home buyers drawing the short straw by choosing units, or are they making a savvy move to enter the property market earlier?
Offset vs. Redraw Accounts: Which is Better?
Assess your financial situation, spending habits, and future plans to determine whether Offset or Redraw account best suits your mortgage management strategy.
RBA Board Leaves Rates on Hold
The official cash rate is on hold at 4.35% for the seventh consecutive meeting.
Multiple Lenders Make the Move to Cut Interest Rates
“Don’t expect any supply-led solution to the housing affordability crisis.”
Fixed vs Variable Home Loans: Which is Right for You?
Choosing between a fixed and variable home loan depends on your financial situation, risk tolerance, and personal preferences.