Why You Should Review Your Home Loan Each Year

Newcastle, Lake Macquarie, Hunter Buyers Agent - property buyer and property investment - review your mortgage regularly

Most mortgage holders haven’t changed their home loan in the last five to 10 years, even though their circumstances have most definitely changed in that time.

Largely that’s because there’s the perception that refinancing is a difficult process or because people think the deal they got at the time was good — it it ain’t broke, etc, etc, etc. The truth is that banks will readily increase their rates and let you know via email or their app and you can do the same to them! Continue reading “Why You Should Review Your Home Loan Each Year”

How To Get Your Lender to Lower Your Interest Rate?

Use a mortgage broker to get new valuations, lower rates and equity release to invest in property again - St George might be a good alternative

The Reserve Bank has kept the official cash rate at a record low of 1.5 percent, and while that doesn’t directly translate to lower interest rates on home loans, it’s still a good enough reason to see if you can get a better deal on your current loan. Here are some ways a mortgage broker can help more than your contact at your bank.

Continue reading “How To Get Your Lender to Lower Your Interest Rate?”