Property settlement scams are becoming increasingly convincing, and more than two in five Australians cannot identify the warning signs. Here is what to look for before you transfer settlement funds.
Same Property. Different Valuation. Very Different Outcome. You’d expect them to be valued the same. In lending, that’s rarely the case.
Your equity might be there — but if your loans aren’t structured right, you may not be able to use it.
Spare cash can be tight right now (cost of living crunch, anyone?). But if you’ve got some savings and a home loan in Australia, there’s a way to make your money work harder, through an offset account.
It’s commonly known that the bigger your deposit, the smaller your home loan, and thus, the lower your monthly repayments. But today we’ll look into another way your deposit size could reduce your repayments: by potentially reducing your interest rate.
Thought of a New Year’s resolution yet? Or perhaps you’ve broken one already? Either way, check out our list of possible mortgage goals for 2024 – try one, or have a go at them all – to save a bundle in the year ahead.
