On average, Australians have a total weekly expenditure of approximately $1,425 (that’s $190 more than six years ago).
Category: Mortgage Refinance
Insider tips for your second mortgage
There is often confusion about what a second mortgage is, when it is useful, and how to take full advantage of its benefits. In this article, we aim to simplify the definition of a second mortgage, identify its key uses and tell you how you…
Mortgage application declined? What’s next?
Ok, so you just heard from your bank, through a nicely worded letter or an SMS, that your mortgage application was declined. By the time you will finish reading the decision, there will only be one question on your mind: WHY? This is the question…
What to do when your bank raises mortgage interest rate?
The four major banks in Australia joined the mortgage interest rate hike bandwagon to gain additional capital in what seems like a high-risk financial system. When it comes to lending, borrowers should understand that banks are only facilitators that help them buy a home. When…
8 Ways to get approved for a mortgage with bad credit
It is a fact that it is not easy for a person with bad credit to get a loan. However this does not imply that it is impossible. You just need to find out and learn about the different ways to get approved for a…