How do you know you are paying a fair price?

How do you know you are paying a fair price?

We all love the idea of landing a bargain property, but for most home buyers, the real issue is whether they are overvaluing a place and paying too much in the process. Buying a home is exciting, but it’s perfectly natural to be nervous given that you are likely...
Can you remember your home loan interest rate?

Can you remember your home loan interest rate?

It’s a fair bet that your home loan repayments are one of your biggest household expenses, yet it is surprising how many borrowers haven’t kept up with what their home loan rate currently is. A report by Mozo shows that 42% of mortgage holders have no idea what...
How do construction loans work?

How do construction loans work?

There is something very special about moving into a newly built home or putting the finishing touches on a major renovation. Maybe it is the look and feel of new paint and fresh flooring, or just knowing you have kicked a worthwhile goal.  Whatever the motivation,...
How long does it take to get a home loan?

How long does it take to get a home loan?

Do you need a home loan in a hurry? You could be in luck. Plenty of lenders are keen to crunch loan approval times, but there is a lot of borrowers can do to potentially speed up the process too. Finding a home to buy can take time, and when the right place comes...
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...