Archive | Refinancing

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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Australian Property Investors Stung By Higher Interest Rates

Australian Investors hit with higher Interest Rates.

Property Investors stung by higher interest rates. Following recent changes to investment lending regulations, we’ve heard the unanimous cry of Australian property investors: “Help! I’ve received the your interest rates have increased letter!” APRA’s recent changes to investment lending has compelled the big 4 banks to introduce higher interest rates for borrowers with investment lending. […]

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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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