While LMI may seem like it primarily benefits the lender, it actually benefits you too because without LMI you would be unable to get finance for your property purchase.
You can find the the best home loan offer by going with non-bank lenders or online lenders. You can easily apply for a loan in the comfort of your home.
There are a number of strategies you can choose from to repay your home loan debt. The key components of loan repayments are the principal and the interest.
Renting can become unstable when you want to start a family. It is generally at this point when couples decide that they want to start looking into buying a house.
Did you know that you can change your mind when it comes to a property purchase? In most states and territories in Australia, property buyers are allowed to rescind their purchase contract. This can be done by taking advantage of the “cooling-off period.”
The main thing to consider when choosing between a fixed or a variable rate, is whether you want the peace of mind of a fixed rate home loan.