Ministry Workers
Loans for Ministry Workers
Understanding Your Loan Options
A Guide to Key Decisions 1. Fixed vs Variable Rate Loans Fixed Rate LoanA fixed-rate loan locks in an interest rate for a set period, typically 1 to 5 years. Variable Rate LoanA variable-rate loan means the interest rate can change over time, often in response to market conditions. Combination OptionSome lenders offer split loans, […]
What is an Offset Account?
What is an Offset Account? An offset account is a simple way to reduce the amount of interest you pay on your home loan. Here’s how it works: An offset account is a regular bank account that’s linked to your home loan. The money in this account is used to “offset” or reduce the balance […]
The 3 Must Do’s To Get Into Your First Home
It’s relatively easy to organise a pre-approval for a home and once your broker finds the right lender
Current Home Loan rates in Australia
There are a number of lenders currently attempting to capture the market for a longer fixed term. The 3 year fixed current home loan rates in Australia are the most competitive. Find a good lender Heritage Bank leads the way with current home loan rates in Australia at 5.79%for a three year fix. In the […]
My Fixed Term Ends Soon- What should I do?
Where to Start when your fixed term ends soon Over the next few months thousands of home loan owners will be coming off very competitive fixed rate terms. The sharpest new business variable rates currently are over 5% so there’s an increase of at least 3%. On the average loan of $500,000 this increase in […]
A St George Family Pledge – Buy your first home
What is a family pledge? There may be times where parents are cash poor but asset rich. They may not be able to give their children cash to help with buying their first home. However parents can offer a piece of their property as security. This will help substantially towards keeping the risk low for […]
Is it worth refinancing a home loan?
Refinancing a home loan is a decision that many homeowners consider at some point in their lives. With fluctuating interest rates and changing financial circumstances, it’s natural to wonder if refinancing a home loan is a worthwhile option. In this blog post, we will explore the pros and cons of refinancing a home loan, helping […]
Combat the RBA rate hikes
There are a number of ways you can beat the rate hikes in the current market. Mark shows you four easy ways to turn things in your favour.
Off The Plan Purchase
The content in this blog is not professional advice, but simply observations made by someone who has experienced a number of separations and then has helped in the process of a buyout.