When it comes to buying a home, securing a mortgage is a crucial step in the process. A mortgage broker can be your guiding light in finding the right loan for your dream home. To ensure you make the best decision, it's essential to ask the right questions. In this…
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No two mortgages are ever identical, underscoring the importance of comparing different home loan options. Each mortgage offer comes with its unique set of fees, interest rates, features, and more. Furthermore, not all brokers assess borrowing power and risk in the same manner, resulting in varying amounts of money that…
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The decision to select the appropriate home loan holds immense significance for any prospective homebuyer. Given the recent surge in interest rates in June, as part of the Reserve Bank's efforts to curb inflation, finding the right loan has become more critical than ever. It's important to bear in mind…
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Australia's financial landscape is marred by an escalating predicament—a growing number of households find themselves ensnared in the confines of mortgage prison, with the recent surge in the official interest rates being transmitted to these burdened individuals. But what does this notion of mortgage prison truly entail? How extensive is…
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Rockhampton has been getting attention in recent years due to its rising property prices. While many parts of the country have experienced falling prices, Rockhampton and other regional towns in Queensland have seen a steady increase in property values. This article will explore the attraction of Rockhampton's property market, the…
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Are you a "mortgage prisoner"? If you find yourself locked into a home loan with a particular bank and paying more than you should, you may be classified as a "mortgage prisoner." The term refers to borrowers who are unable to switch to a more favourable mortgage deal due to…
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Are you one of the many homeowners who will soon be facing a rate hike as their fixed rate period comes to an end? If so, waiting until your fixed rate period ends and your loan reverts to a high variable rate can cost you big-time, with rate hikes of…
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With so many different types of loans available, it can be tough to know which one is right for us. In this article, we'll take a closer look at Standard Variable Loans and help you understand if they're the right choice for you. What Are Standard Variable Loans? A Standard…
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Are you confident that your current home loan is still the best fit for you? It's important to remember that circumstances change and what worked for you a few years ago might not be the optimal choice anymore. For example, interest rates may have fluctuated since you first acquired your…
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Is your fixed term interest rate about to expire? It can be difficult to know what your refinancing options are in the current climate. We understand that making financial decisions can be daunting, which is why we've taken the guesswork out of refinancing by explaining different loan types and what…
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