Moving into a new home excites many, yet the process often seems daunting, particularly when your current residence hasn’t sold yet. However, with the correct guidance and strategy, transitioning to your dream home without having sold your current property is a smoother process than you might imagine.
The RBA has announced that the official cash rate is on hold at 4.35%
Learn about guarantor home loans, how they can reduce the deposit needed to buy a home, who can be a guarantor, and their advantages and risks. Discover why consulting a financial advisor or attorney is crucial before committing to this arrangement to protect all parties involved in property ownership.
Prepare for insights into construction loans in Australia. Discover the unique features along with considerations. Delve into this concise guide for a clearer understanding.
Comparison rate. Variable rate. Fixed interest rate. Redraw. Break costs. Revert. Offset accounts. The maze of financial jargon can take some getting used to. Let’s look at a home loan 101 question to help you get started.
What do you need to consider when looking to get a home loan pre-approval?
An offset account is a transaction account linked to your mortgage. The balance in the offset reduces the loan balance by the same amount. It’s potentially a great tool to help your drive down your mortgage and pay it off faster
Learn how you can pay of your home loan faster by using a redraw facility.
