Coronavirus (COVID – 19): Information for small businesses, households and mortgage-holders

Coronavirus (COVID-19): Information for small businesses, households and mortgage-holders The Federal Government and State Governments have announced new measures to slow the infection rates in our community of the Coronavirus (COVID-19). These measures impact our economy, individual’s livelihoods, entire industries and businesses. Financial support is available to help you manage the effects of the Coronavirus … Read moreCoronavirus (COVID – 19): Information for small businesses, households and mortgage-holders

House hunting your way: alternative ways to find a property

Finding that perfect property isn’t always easy. Despite the number of homes for sale, the unpredictable nature of the market can make house hunting exhausting. If you’ve tried property websites, newspapers and real estate agents’ windows without success, here are five more unconventional strategies to consider trying. Do a letterbox drop This is a strategy … Read moreHouse hunting your way: alternative ways to find a property

Fixed interest rates versus Variable interest rates

Variable rates can move according to market conditions. They can vary up or down as the economy and/or the lender dictates. Variable loans are usually more flexible and allow customers to make extra repayments without any kind of penalty. They normally have either an offset facility or a redraw facility. This means that ultimately, they … Read moreFixed interest rates versus Variable interest rates

Fixed, Variable, Split – Find the Right Fit For You

In Australia, there are a number of ways to structure your home loan repayments. Finding the best option may save you time and money on your mortgage. Here is some information to help you choose the repayment structure that best works for you. Variable rate loans Variable interest rate loans are all about flexibility. Essentially, … Read moreFixed, Variable, Split – Find the Right Fit For You

Guarantor Loans

Many lenders allow a family member to help their kids or other family member to buy their own home by providing additional security. The person providing this assistance is known as a guarantor. This is different to being a co-applicant or co-signer. A co-applicant is included on the loan and will be responsible for the … Read moreGuarantor Loans

Home Loans 101

There are a range of home loans available in Australia, so it can be hard to understand their features and whether they are right for you. This guide explains all you need to know. Variable loans Variable loans are loans that are subject to interest rate fluctuations. Whenever your bank increases or decreases interest rates, … Read moreHome Loans 101