20 Sep 6 common refinancing traps to avoid
Refinancing your home loan can be an excellent way to save money, but without the right approach, it can also lead to mistakes that might actually end up having a negative impact....
Refinancing your home loan can be an excellent way to save money, but without the right approach, it can also lead to mistakes that might actually end up having a negative impact....
The dream of owning your own home outright and mortgage-free might seem like a long way off for many first-home buyers, but the reality is that it might not have to be....
Most owner-occupiers like the idea of improving their home with a renovation while also using it as an opportunity to create some equity at the same time. One of the first and most important elements of a home renovation is to examine the budget and then...
Using a SMSF can be a great tool for property investors....
Debt recycling is a clever way for investors to use debt while also maximising their tax benefits. At its core debt recycling involves redirecting your debt from non-tax-deductible sources, such as your mortgage, towards something that is tax-deductible such as an investment property. For property investors, this...
With housing affordability stretched for many younger Australians, the good news is that there are still ways to get into a home of your own. One of the biggest obstacles for new buyers is more often than not, coming up with the deposit for a home....
Lenders Mortgage Insurance (LMI) is an incredibly helpful tool that allows homebuyers to purchase a property when they otherwise might not be able to. LMI is a one-off insurance premium that protects the lender in the event the borrower is unable to manage their repayments. This...
In the current high-interest rate environment, where the cost of living is also continuing to rise rapidly, making sure you’re staying on top of your debts is more important than ever. One of the most effective ways to manage your debts and potentially reduce your interest...
Arguably the most important factor when it comes to buying a property for most people is their ability to get finance from a lender. For the most part, buyers should look to obtain preapproval from a lender prior to starting their search for a property. However,...
With property prices starting to recover and the RBA slowing their rate hikes, confidence is coming back into the property market and that means buyers will be getting ready to make their next purchase. The first step that all home buyers need to take before they...