If you’re looking to buy an investment property and have equity in your own home, refinancing your home loan could be the best way to fund your purchase. In this article we’ll explain how this may work for you. Why refinance your existing home loan? Usually, when you take out a home loan to buy…
Comparison rates help us to compare loan products. They are designed to enable us to compare apples with apples, when it comes to the total cost of lending products, but unfortunately they don’t paint the whole picture. What is a Comparison Rate? A comparison rate provides a simplified way to compare the effective cost of…
First-home buyers in every state of Australia already had cash incentives to build or buy a new home but recently the stakes got considerably higher. When the federal government revealed its $25,000 HomeBuilder grant in a bid to boost the economy, throwing a lifeline to the home construction industry, it wasn’t designed to be used in…