There is no question that the high mortgage interest rates of the late 1980s limited housing affordability. Because of this, I and many others, lost our first homes and financially struggled for a long period before saving enough money to buy another one. It is...
Your home is probably your most valuable asset. Trouble is? It’s also likely your largest debt. In order to increase your net worth, and ensure your home is freehold before retirement, paying off your mortgage should be your top priority. With the average mortgage term being...
Buying a home is one of the largest and most complex purchases you’re ever likely to make. And getting it wrong can have a significant impact on both your financial and emotional health. That’s why it’s important to take time to fully research and understand...
Despite over two years of a stagnant cash rate, some borrowers have seen their mortgage interest rate rise whilst lenders have adopted stricter policies and criteria creating one of the most complex lending environments in recent memory. This tightened lending environment, means a larger number of...