Refinancing Your Home Loan
The Reserve Bank of Australia has increased interest rates by 3.10% over the last few months, which means that, factoring in the rising cost of living, the average mortgage holder in Australia is paying an extra $1300 to live per month. With a massive jump in expenses and stagnating wages, you might be looking for […]
Is it the best time to refinance your home loan?
As a homeowner with a mortgage, chances are you’ve heard of the term ‘refinancing’. Refinancing involves reviewing your current mortgage, and potentially swapping your loan to another lender who can better meet your current needs, wants and circumstances. You can always contact us for more information at Nice Loans Refinancing can also allow you to […]
Lower your interest rate
With official interest rates trending downward, shrewd mortgage holders may take the opportunity to call their lender to ask for a better deal. Consulting mortgage brokers can help to lower your interest rate. But when even a small interest rate reduction means potential savings of thousands of dollars, is a simple phone call really enough […]
Doing your research before a home loan
A dramatic increase in the number of lenders has highlighted the need for greater research when applying for a home loan. Being such a highly important research matter in life, it is advisable to consult with a home loan mortgage broker. The process of purchasing a property requires managing abundant personal information and large sums […]
When Would I Refinance My Mortgage?
Refinance – Whenever it makes financial sense to do so. Heard about mortgage refinancing? In the past, most people who took out a mortgage doggedly continued with it until they had paid it off. These days, people refinance their mortgages much more frequently. The average duration of a home loan in Australia now is just […]
Rules of Investment
Investment in Property When you’re trying to secure finance for an investment property, it is important to keep a few simple rules in mind to make sure you get the best deal possible and will be able to afford the repayments, come what may. If you’re thinking about purchasing an investment property, it’s important to […]
Five Things First Home Buyers Need To Know
If you are a first-home buyer, think before you decide to purchase your first property. There are a number of things to consider, including your current personal circumstances and financial status. 1. Think about why you want to buy a home Do you want to live in it or will it be an investment property? […]
Bridging loan or deposit bond?
When selling one property and purchasing another, the funds from the sale may not be available in time to use for the purchase deposit, so there are typically two options in this scenario: a bridging loan and a deposit bond. Bridging loan A bridging loan is a short-term home loan designed to allow you to […]
How to pay off your home loan faster
Reducing the life of your loan isn’t difficult; there are many simple things you can do to cut years off your mortgage. Here are some tips that will help you be mortgage-free sooner than planned. Small extra repayments One of the most obvious ways to pay off your home loan quicker is to make extra […]