home loan

When Is It Best to Apply for a Mortgage without Your Spouse?

Applying for a mortgage is a tough decision to make, especially when you have a spouse and/or kids. There are cases when in fact it’s best to apply for a mortgage on your own. We’ll tell you all there is to know about mortgages and what helps you get your application approved, or what could […]

By |May 8th, 2017|Categories: Mortgage|Tags: , , , , , , , , , , |Comments Off on When Is It Best to Apply for a Mortgage without Your Spouse?

Why Should You Consider Refinancing Your Home Loan?

People take a home loan refinancing into consideration when they’re no longer satisfied with their actual home loan or when they want to make some house renovations.

Refinancing becomes a choice when your lending needs have changed or when your home loan is starting to pose difficulties.

A refinancing has lower interests rates

This is the main […]

By |February 6th, 2017|Categories: Refinance and Refinancing|Tags: , , , , , , , , |Comments Off on Why Should You Consider Refinancing Your Home Loan?

Home Loans – Do’s And Don’ts

Finding suitable home loans for your needs is a tedious task. A lot of people say that purchasing the house you want to live in will be you single greatest expenditure. So it is important, especially to future lenders that they are well prepared in entering in to this kind of. No one likes getting rejected, especially […]

By |June 25th, 2015|Categories: Home Loans|Tags: , , , , |Comments Off on Home Loans – Do’s And Don’ts

Benefits of Second Mortgages

How do Second Mortgages Work?
Many people are familiar with the idea of a first mortgage on a property. The idea is fairly straight forward. You take out a loan which is secured by a particular property. It serves as collateral which reduces the risk for the creditor and makes it more likely that the property owner will get the loan. However, fewer people are familiar with the idea of a second mortgage. This is unfortunate because this type of financial agreement can offer some real benefits.

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By |July 21st, 2014|Categories: Home Loans|Tags: , , , |Comments Off on Benefits of Second Mortgages

5 Ways to Leverage Your Home Equity

Tapping a home equity is now more natural just like mowing the lawn. If you are a homeowner and you want to maximise your ownership of your property, you should realise that there are more than enough reasons to finally cash in on your home equity. You may use the money to get into viable financial activities that you surely would benefit from in the future.
Leveraging could be risky but only if you would use it to get into deeper financial pitfalls. You could possibly avoid any risk of leveraging your home equity by using it to increase or boost your personal wealth. Here are some suggestions on how you could effectively and successfully leverage your home equity.
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By |March 20th, 2012|Categories: Home Loans|Tags: , , , |Comments Off on 5 Ways to Leverage Your Home Equity

4 Ways to Deal with Home Loan in Arrears

Have you been struggling to pay your home loan? If you have been building up your debt, you may have possibly missed out on one or several monthly payments. Or you may have been paying smaller amount than the minimum payment amount required. Thus, you may have to deal with home loan in arrears. How to deal with this problem? Here are four effective ways. […]

By |February 2nd, 2012|Categories: Home Loans|Tags: , , , |Comments Off on 4 Ways to Deal with Home Loan in Arrears

Top 5 Ways to Save for a Home Deposit

House prices logically increase every year. It is not surprising that it gets more difficult for first time homebuyers to finally buy and own their own dwellings. If you are considering buying your own house for the first time, you should not despair. If you would be more strategic, you could surely find creative ways to save for the major purchase. […]

By |August 6th, 2011|Categories: First Home Buyer|Tags: , , , |Comments Off on Top 5 Ways to Save for a Home Deposit

Is It a Good Time to Buy Property in Australia?

The Australian property market is not expected to drop, but it is projected to remain steady all throughout this year (2011). Price tags are set to remain within their current levels but would more likely grow moderately in the next two years. This is the unanimous forecast of numerous industry analysts and observers in the country.

Housing market experts note that local property prices could remain flat or slightly rise within the coming months. However, they assert that homebuyers need not worry. Price increases across the country are still low when compared to housing costs in most other developed countries. Thus, it is still the best time to find and buy Australian properties. […]

By |June 29th, 2011|Categories: Home Loans|Tags: , , , , , , |Comments Off on Is It a Good Time to Buy Property in Australia?

Affordable Homes in Australia

A recent property report has shown that home affordability is better now than a year ago. The Housing Industry Association and Commonwealth Bank First Home Buyer Affordability index was 41% higher than in the corresponding period a year ago.
However the dream of home ownership has become tougher over the past couple of months with the index declining by 5.1% to 152.5 points in the June quarter from 161 index points in the March quarter. […]

By |May 24th, 2011|Categories: Home Loans|Tags: , , , |Comments Off on Affordable Homes in Australia

Packed to the Rafters: Sydney set to Face Housing Crisis

Due to increasing fertility and immigration influxes, Sydney is set to face new stream of housing shortages.
New Research suggests that the city will need over 33% more apartment blocks and houses than initially proposed in the NSW State Government’s 25 year city growth plan.

It has been found that an extra 876, 640 city dwellings will be needed by 2031, a significant rise from the initial government projections of the 640, 000 proposed.

Director of SGS Economics and Planning, Patrick Fensham describes the consequences, “That will mean pressure on housing affordability, people staying at home longer, cramming in more bodies that people like to in the house.”

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By |May 24th, 2011|Categories: Home Loans|Tags: , , , |Comments Off on Packed to the Rafters: Sydney set to Face Housing Crisis