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If you are in the market for a home loan, you might have heard a lot of discussion about the official cash...
What is debt-to-income ratio, and why is it important?
Lenders use various factors to calculate your serviceability before approving your credit application. Serviceability...
Four steps to negotiate a better rate on your home loan
Whether it is your personal circumstances or the news about future rate hikes that is making you anxious,...
What is LVR, and why is it important?
If you are in the market for a home loan, you would have probably come across several new terms, including...
The Reserve Bank of Australia (RBA) announced its first rate hike in almost ten years, lifting the official...
What happens if my mortgage application gets declined
It’s frustrating to have your home loan application rejected, but that doesn’t mean you cannot qualify...
Four ways to avoid paying for Lenders Mortgage Insurance
Lenders Mortgage Insurance (LMI) is a type of insurance that covers a lender's financial risk if the borrower...
Offset account vs redraw facility – which is the better feature to have in your loan?
Buying a home is a long term commitment, and you end up paying a lot of money in interest on your...
Understanding the comparison rate on a home loan
If you are in the market for a home loan, you will likely compare offers from multiple lenders...
Three things to consider before refinancing your home loan
If you’ve been on the same home loan for a while, you may think it’s no longer right for you....