Finance Archives - WhiteStar Group

When it was announced by major banks and lenders that they would be temporarily pausing mortgage repayment requirements, it’s not surprising that many mortgage-holders assumed banks were offering an interest-free period. Unfortunately, that assumption was very wrong. Even during a pause, the interest still accrues…

Why use a mortgage broker?

by wsgadmin2020-03-19

Blog, Finance, Mortgage Broker, Tips

How the right broker could be the difference between ‘yes’ or ‘no’. Once upon a time, when we wanted a loan, we’d go and chat to our local bank – most likely the one we’d loyally been with forever. This was a time when the…

Avoid mortgage insurance with just 5% deposit and the government’s new initiative.

by wsgadmin2020-01-16

Blog, Finance, Home Loan

In the past, one of the biggest hurdles facing prospective first home buyers has been getting a 20% deposit together in order to avoid having to pay expensive lenders’ mortgage insurance. But on 1st January 2020, that may have just changed for many Australians with…

Comprehensive Credit Reporting

by wsgadmin2019-12-11

Blog, Credit Report, Finance, Tips

What does the new Comprehensive Credit Reporting mean for you? If you’re in the market for a new mortgage or even a personal loan or credit account, you may have heard about the recently introduced ‘Comprehensive Credit Reporting’. But what is it, and what is…

Why rent when you can own?

by wsgadmin2019-10-15

Blog, Finance, Home Loan, Property, Tips

Every time you pay rent, you’re helping someone else achieve their property goals. With interest rates at record lows and criteria for borrowing recently eased, now is the time to assess your situation and find out if you could actually be paying less to buy…