This article provides a guide on how to prepare for, and future proof, your home purchase to ensure you avoid experiencing a home loan headache! It also covers a range of actions that can be taken when experiencing mortgage stress. – Avoid a home loan headache.
This article grants advice to people looking for the right mortgage product and then reducing it quickly. It highlights what to look for and what to be aware of. – Take control of your mortgage.
Is fixing your home loan interest rate the right move for you? This article explains the implications to be considered before jumping in and fixing your rate. – The variables of a variable home loan.
This article discusses the importance of understanding your home loan interest rates and how interest rate changes affect your mortgage. It includes a formula to calculate your home loan repayments and concludes with a recommendation to seek the assistance of a mortgage broker. – How interest rate changes affect your mortgage.
This article explains what the difference is between offset accounts and redraw facilities, concluding the use of offset accounts to be the better of the two. – Offset account vs redraw facility.
This article addresses potential financial stress caused by the expiry of the interest-only period of IO loans. It uses a case study to explain how these loans work when managed well and then provides some options for borrowers who might not be able to meet increased repayments when the IO period ends. – Managing the transition of your interest-only loan.