mortgage matters Tag

When COVID-19 struck, banks gave eligible customers an option to pause their repayments for six months from March, due to the volatile economic climate. Hundreds of thousands of Aussies took up the offer. And once the deferral period ends, what next?...

If you’re looking to move houses then you’ve probably heard of the term “bridging finance”. Here, we break down exactly what a bridging loan is and how bridging loans work....

Most Australians who sell their home don’t own the property outright. If you’re one of them and wondering what happens to your mortgage when you sell, read on....

When it comes to the relationship between your credit card history and loan applications, it seems many people are in the dark about what’s truth and what’s not. Gather a group of normal Australians in a room and ask them about the role their credit card plays in getting a loan...

  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....