This article explains five ways you could save money by refinancing your home loan. – Five reasons to refinance your home loan.
With housing prices souring, and mortgages getting larger, have you considered what may happen when interest rates inevitably increase? The unfortunate reality is that many families will face financial distress, rather quickly. This article discusses how just a small increase to interest rates can cause budgets to crumble and what you can do to prepare yourself financially. The Risk of Losing your Home
With so much uncertainty surrounding who now has more control over setting mortgage interest rates – the Reserve Bank or the banks – it might be timely to think about your loans and whether they are structured to suit your needs into the future. One of the most obvious considerations for your home mortgage is whether a fixed or variable rate loan is best for you. An article that clearly explains the pros and cons of fixed and variable rate loans.
Reducing the life of your loan isn’t difficult, there are many simple things you can do to cut years off your mortgage. Shaun Howie shares some of his tips that will help you be mortgage-free sooner than planned. How to pay off your home loan faster and save big bucks
Whether it’s due to over-enthusiastic lenders or desperate borrowers, failure to adhere to robust lending standards can land some borrowers in serious financial distress. In many cases the difficulties experienced by these borrowers could have been avoided if the lenders had complied with their responsible lending obligations. What is responsible lending and why does it matter?
The Reserve Bank of Australia is widely tipped to reduce interest rates again to historic lows. Easton Wealth economist Emmanuel Calligeris explores the impact.