refinancing

Breaking Down the Notion of Short Refinance

In everyday life, when you refinance, you simply exchange a pre-existing loan with another one in order to get perks like a better term and lower interest rates. However, sometimes, the lender is the one who tells you to refinance.

It is unfortunate, yes, but many people become victims of foreclosure because they cannot keep […]

By |April 23rd, 2018|Categories: Refinance and Refinancing|Tags: |Comments Off on Breaking Down the Notion of Short Refinance

What to Choose: Debt Consolidation or Refinancing?

Debt consolidation vs. refinancing is an old skirmish on which people do not seem to have reached any consensus. Should I get a debt consolidation or should I refinance? The answers can differ according to what situation you are in.

First of all, refinancing and debt consolidation are two distinct notions with different outcomes, obviously. There […]

By |December 4th, 2017|Categories: Debt Consolidation|Tags: |Comments Off on What to Choose: Debt Consolidation or Refinancing?

Refinancing Guide for the Self-Employed Aussie

Being self-employed means that you’re going to have to put in a little more effort into finding the right refinancing solution for you. That’s exactly why we’ve put together a  refinancing guide to help you get a clearer picture of what you should pay attention to, how to choose a loan and most importantly, how […]

4 Important Considerations Before you Refinance Your Home

Are you planning to refinance your mortgage? If so, here are some important factors to consider before getting a new loan.
What is your purpose for refinancing?
Refinancing is a type of debt you will get. So, it is important to determine the whys and wherefores before securing it.

People often decide to refinance their mortgages because of […]

By |March 6th, 2017|Categories: Refinance and Refinancing|Tags: , , , , , , |Comments Off on 4 Important Considerations Before you Refinance Your Home

Refinancing Analysed: Pros and Cons

Refinancing can be a convenient option in many cases, regardless if you are hoping to get a better interest rate or attempting to consolidate your existing debts. However, it can prove to be pretty tricky in the long run, which is why you may want to learn everything about the refinancing pros and cons.

This option […]

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 Loan Stress from Interest Rates Hike

As some of the big banks have raised their interest rates higher than the Reserve Bank, many Australians are looking for a way to defuse their mortgage stress.

By refusing to pass on all interest-rate reductions, inflating the Reserve Bank’s increases or adding hikes of their own, the banks have widened the gap between the cash rate and their key interest rates by as much as 1%.

If you’re struggling with home loan repayments you may want to consider refinancing your home loan. Refinancing can allow you to access cheaper interest rates or even unlock the equity in your home to renovate, buy an investment property or consolidate debt. The Australian Lending Centre has years of experience helping people to refinance to achieve these goals.

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By |May 20th, 2011|Categories: Refinance and Refinancing|Tags: , , , , |Comments Off on Home Loan Stress from Interest Rates Hike

Now is the Time to Refinance

After the RBA’s decision this week not to increase interest rates at present – home owners should consider refinancing right now.
Refinancing your home loan can allow you to access cheaper interest rates or even unlock the equity in your home to renovate, buy an investment property or consolidate debt.

Some of the advantages of refinancing a loan include:

Lower monthly repayments when you refinance
The ability to pay off multiple debts through refinancing schemes
Reduced risk by changing from a variable rate to a fixed rate when you refinance
Access to cash to cover major expenses when you refinance

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By |May 20th, 2011|Categories: Refinance and Refinancing|Tags: , , , |Comments Off on Now is the Time to Refinance

Home Owners Struggle – Time to Refinance

Australian home owners are predicted to spend the remainder of 2010 forking out 50% of their income on debt repayments.

A recent study shows that more than 40% of Aussies spend about half of their monthly income on repaying home loans, credit cards and/or personal loans.  This survey also indicates that many Australians have little cash left over to play with at the end of the month – which only goes to show that every time the Reserve Bank of Australian (RBA) and major banks increase interest rates, a majority of home owners struggle further.
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By |May 20th, 2011|Categories: Refinance and Refinancing|Tags: , , , , , |Comments Off on Home Owners Struggle – Time to Refinance

Interest Rates On Hold For One More Month

More good news for the consumers of Australia as we move into the third month of the year! The Reserve Bank of Australia (RBA) met yesterday to discuss the interest rates in their monthly board meeting.

In the early afternoon, a statement was released stating for the rates would stay firm at the current cash rate […]

By |March 2nd, 2011|Categories: Interest Rates|Tags: |Comments Off on Interest Rates On Hold For One More Month