Lenders Mortgage Insurance can be a great tool to help homebuyers get into a property that they otherwise might not be able to afford. However, it comes with a cost. LMI is a one-off insurance premium that is put in place to protect the lender in the event the borrower is unable to manage their …
5 Ways to Pay Off Your Mortgage Sooner
When buying a home, to live in or as an investment, most people will have the goal of eventually paying it off. A 30-year loan might seem like a long time to be making repayments, but you won’t be stuck paying interest if you’re able to pay it off sooner. Here are five ways to help achieve …
4 Things to Consider Before Fixing Your Interest Rate
With interest rates at record low levels, many homeowners are considering the possibility of fixing their interest rate on the home loan. Before going down this path it’s important to ask some key questions and decide whether this is the right option for you. Why Fix? When looking at a …
