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Why should I choose a fixed rate interest rate?

Why should I choose a fixed rate interest rate?

by Julie | Jun 20, 2024 | First Home Buyer, Home Buyer, Refinance

Pros and cons of choosing a fixed rate interest rate? Pros Your repayment amount is set and does not change making it easier to budget You can choose the period of time you would like to fix your Interest rate for Fewer Loan Features so could cost less Cons If...
Should I lock in a fixed interest rate?

Should I lock in a fixed interest rate?

by Julie | Jun 13, 2024 | First Home Buyer, Home Buyer, Refinance

Fixed Vs Variable home loan rates? Which is best? Firstly what are Fixed and Variable interest rates? There are many home loan options available and deciding on the type of Interest rate is just one of these options. Generally there are two options, either a Fixed or...
How can you get a better interest rate from your bank?

How can you get a better interest rate from your bank?

by Julie | May 30, 2024 | First Home Buyer, Home Buyer, Refinance

How can you get a better Interest Rate? 1. Save a bigger Deposit? 💰The greater the deposit you have for your purchase property, the lower the interest rate that the Lender will offer you. Lenders will tend to have higher interest rates for customers that borrow 95% of...
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