The decision of where to put your money tends to be one of the most important in today’s society. People will often spend their money for financial peace of mind on things such as mortgages, instead of securing a wealthy future with activities such as investing.

Although this seems like an ultimatum between the two, the truth is that you can be involved in both. This article … Read more »

You hear about people getting mortgage loans all the time, in fact, it seems to be the most talked about subject when it comes to buying a house and is spoken about in very casual manner. Unfortunately, this perspective can lead us not to know the first thing about mortgage loans and leads us to assume that it just “happens”.

The fact is, to secure a mortgage … Read more »

Announcer considers the pros and cons.

I’m confused – my bank teller is telling me to transfer my savings onto my mortgage but you are encouraging me to leave the money in my offset account. Isn’t the end result the same? Why am I being told something different from the bank?

Great question!

Besides the obvious answer that the banks would prefer the security of having your savings paying off the money they … Read more »

After being at record lows for some time, interest rates may soon be back on the rise with Westpac, Commonwealth Bank, NAB and ANZ increasing their rates for all mortgage holders.

Mortgage holders may find themselves with mortgages that cost more than expected but there are some things you can do to ready yourself when rates rise, such as refinancing, budgeting and insurances.

Read the full article at domain.com.au

Considering refinancing? Talk … Read more »

When investing in property there are various different loan types that you can come across including fixed term loans, variable-rate loans as well as being able to use an offset account. An offset account has the potential to save you thousands or even hundreds of thousands of dollars during your mortgage lifetime. So what exactly is it and how can you use it? Alex Goldhagen from iBuyNew explains.

What is … Read more »