Breaking Out of Mortgage Prison: Can Easing Serviceability Buffers Help?
Have you been keen to refinance but told you can’t? You’re not alone. Many Australian households are currently locked into their home loans due to rising interest rates. But some banks have recently started to lower their serviceability thresholds.
Money Habits That May Raise Lenders’ Eyebrows
We all know being on our monetary best behaviour can help to land a home loan. But did you know there are common spending habits you may have that are red flags to lenders?