Honeymoon Rates – What Exactly Are They?

Have you ever heard or stumbled upon honeymoon interest rates? What do they mean? Are they useful? Read on to learn more about honeymoon rates. Honeymoon rates are actually discounted variable interest rate for a certain mortgage product. The individual who decides for the interest rate is the … [Read more...]

Loan Application: Submission and Process – PART 2

So, what actually happens while you are waiting for the approval of your loan? In PART 1 of this article, we have discussed about what is involved after the submission of a home loan, the requirements, and what could be the possible reasons for the delayed approval of your home loan application. … [Read more...]

Home Loan Application: Submission and Process – PART 1

Purchasing a property and obtaining a home loan to finance your purchases can sometimes be dragging and a bit stressful. It is the task of mortgage brokers to ensure applicants that they will get the most favourable contract in home loans that would cater to their needs. Mortgage brokers usually … [Read more...]

Choosing the Right Mortgage Broker – PART 2

Nowadays mortgage brokers are required to comply with the laws implemented by ASIC. The consumer credit law will ensure loan providers and credit providers a transparent service towards customers as well as responsible lending. How will you determine if you have found a trusted and reliable … [Read more...]

Choosing The Right Mortgage Broker – Part 1

The Australian Securities and Investment Commission (ASIC) introduced a new consumer credit law that imposes transparent customer service and responsible lending of credit service providers including credit lenders and mortgage brokers towards clients. A recent survey found that 40 percent of … [Read more...]

How to Decide: Move Out or Renovate

Now, you've outgrown your house and you're confused on the decision whether to do some renovations/ home extension projects or sell the house and move out? Deciding which one to opt for will require you a couple of factors such as lifestyle aspects and most importantly your budget. So, here are some … [Read more...]

Avoiding Mortgage Traps

Your financial decisions can greatly affect your daily living most especially if you are planning on availing of a mortgage package deal. Once you have decided on getting that mortgage loan, you need to fully understand what you are getting yourself into. Fees and Charges Home loans normally … [Read more...]

Finding the Appropriate Location to Live In

If you have already decided on a new house but you're still unsure about living at the suburbs, then chances are this might not be the appropriate place for you. You need to examine the top mistakes that most home buyers make when selecting a good location. Here are some things you need to know. Do … [Read more...]

Inexpensive Methods to Increase Your Market Value and Get that Selling Price

Putting your home up for sale can be a major problem. You will have to face dodgy brokers offering immediate deals, painstaking surveyors roaming across your basement and nosy potential buyers spying at your kitchen cabinets. To get the desirable value is your top priority, other issues will then be … [Read more...]

Helpful Checklist for First Home Buyers

You have saved up some money for a couple of years and now you have finally decided on buying your own home for the first time. But the question is where do you start? Buying a home will definitely be the greatest investment that you will make and with the appropriate preparation you will surely be … [Read more...]