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How can your deposit size shape the rate you pay

How can your deposit size shape the rate you pay

It is commonly known that the bigger your deposit, the smaller your home loan and therefore the lower your monthly repayments. Today we will investigate another way your deposit size could reduce your repayments: by potentially reducing your interest rate.  A question...

Leveraging Inheritance and Genuine Savings for Homeownership

Leveraging Inheritance and Genuine Savings for Homeownership

In the journey towards homeownership, understanding the concept of genuine savings is crucial. It's not just about having funds in your account; it's about demonstrating to lenders your financial discipline and stability. This article delves into the nuances of...

Evolving Impact of Buy Now, Pay Later Services on Creditworthiness

Evolving Impact of Buy Now, Pay Later Services on Creditworthiness

In the rapidly changing financial landscape, Buy Now, Pay Later (BNPL) services have emerged as a popular and convenient payment option. However, as these services become more integrated into the mainstream financial ecosystem, their impact on creditworthiness is...