Once your home loan is approved and you’ve signed the contract of sale, all that’s left to do is settle. A quick job for your solicitor, right? Not quite. Property settlement is a legal process of transferring the ownership of the property from the seller to you. It usually takes around 45 to 90 days,…
Consolidating your debts can potentially save you hundreds if not thousands of dollars in interest over time. It may be a great idea for anyone who has several credit cards, as well as personal and other loans. And with home loan interest rates so low, there’s never been a better time to see how much…
Refinancing your home loan during the COVID-19 crisis could help you to save money or depending on your strategy, even make money. However, borrowers should consider getting the right mortgage and financial advice first and be aware of the potential downsides. 1. You could get a lower interest rate The official cash rate is now…