more than money Tag

Melbourne’s market correction was not as grim as what market watchers thought it would be, according to a report by news.com.au. Some of the country’s data providers and banks forecast nearly 10% losses to house values in 2018. CoreLogic and National Australia Bank, for instance, predicted losses of about 9.1% to...

  Ever gotten to the end of the month and wondered where all the money from your pay check goes? Keeping a budget can help you track where your money is going, stay on top of your bills and debts, and direct your earnings towards your financial goals. Budgeting might sound restrictive,...

  With so many loan options and an increasingly complex market, it can be hard to pick the right loan for your needs. There are many different factors to consider when it comes to choosing loans. In this article, we outline the features you need to look out for when comparing...

  A number of myths and misconceptions that keep coming up about mortgages.   1. IT DOESN'T MATTER IF YOU PAY YOUR LOAN MONTHLY OR FORTNIGHTLY False: A 30-year, $350,000 loan on a 4.74% interest rate, would equal monthly repayments of $1,823.66. If you paid half ($911.83) fortnightly, the loan term would be 25 years...

Pre-approval is one of the most important steps you’ll take. Knowing the basics will boost your confidence come auction day and ensure you know exactly where you stand with your bank....

  The double whammy of flat wages growth and rising living costs, most notably housing, has made saving money more difficult than ever for many Australians. Indeed, saving probably seems like a pipe dream to those of us struggling to make ends meet. But it’s not impossible and roughly three-quarters of Australians...

From all of us here at The Loan Room, we would like to wish you and your family a safe and happy festive season. We hope the coming year will be prosperous, successful and fulfilling. For all your loan needs, we are open throughout the holiday season, excluding public holidays. We...