Archive | Mortgage Tips

Fixed Rate Break Costs Explained

Fixed Rate Break Costs Explained.

Understanding how fixed rate break costs work. The consequence of breaking a fixed rate home loan comes in the form of ‘break costs.’ These may vary between lenders and are often confusing to calculate. For borrowers with a fixed rate loan, here is everything you need to know about break costs, what they are and how they can […]

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How to Lower Your Mortgage Repayments When Times are Tough.

4 Tips to Lower your Mortgage Repayments When Times are Tough.

  How to: Lower your mortgage repayments when you are already on a budget. It is expected that the Australian economy will to continue to soften as the mining boom proceeds to slow, and unemployment rates are on the rise. For the majority of Australian’s, hearing ‘higher mortgage repayments’ is enough to send them into a […]

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Investment Lending changes from the big 4 banks.

Changes to Investment Lending: The facts you need to know.

The Australian Government is forcing banks to put on the handbrake for investment lending. A recent crackdown by the Australian Prudential Regulatory Authority (APRA) to curb investment lending has caused the major banks to review their lending policies for borrowers purchasing or refinancing investment properties. This comes in response to the rapid increase in investment […]

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