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...
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...
Is refinancing your home loan too hard? Is it too hard to find time to refinance your home loan? Many people sign up and get a mortgage so they can buy their first house and don’t think much of it after that. Committed to 30 years of monthly repayments and that’s...
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...
👉The answer is simple, whenever it makes financial sense to do so. Are you interested in hearing about mortgage refinancing? In the past, most people took out a mortgage and kept that original mortgage and continued with it until they had paid it off. These days,...