Mark Bristow

Some of the best home loans for investors and refinancers in August 2022

Refinancing has been accelerating in recent months, with many mortgage holders looking to switch to more affordable home loans following multiple months of rate hikes. While low-rate home loans are becoming much harder to find, there are still options available that could offer a great deal of value to the right borrower.

When might interest rates start falling again?

The Reserve Bank of Australia (RBA) is expecting inflation to rise even higher than previously predicted before the year is out, which could contribute to more cash rate hikes in the coming months. But there may be light at the end of the tunnel, with future rate cuts possible if inflation falls into the target band.

Do I need a house valuation for probate? What you to know about deceased estates

Becoming the executor for a deceased estate can be daunting. While you’re dealing with your grief for the departed, you’re also taking responsibility for the will they left behind. Understanding some of the requirements and responsibilities involved when dealing with a deceased estate can help to ensure that everybody is well looked after, financially and emotionally.

Home renovations that may give you the best return on investment

If you can’t afford to renovate your entire home, you may want to think carefully about where you want to commit your time and money. Whether you’re renovating to sell, or looking to grow your home’s long-term value, renovating certain areas of the home could provide a much bigger return on investment.

Most common renovation mistakes and how to avoid them

Renovating a property can give you or your tenants a more comfortable place to live, and potentially help to improve its value for easier refinancing or selling in the future. But there are also some easy mistakes to make that could affect both the results of your renovation project and your financial future.

Selling a home with a mortgage: your guide

Ready to sell your property, but still owe money on the home loan? In many cases, having an outstanding mortgage shouldn’t be too large an obstacle between you and a hassle-free home sale, though you may want help from a legal professional to walk you through the process.

What is a revolving credit mortgage?

A revolving credit mortgage is another name for a home equity line of credit, often used in countries such as New Zealand. A revolving line of credit lets you borrow up to a maximum limit based on your equity in property, and enjoy the flexibility to make repayments when you choose.

What do valuers look for when valuing a house?

A property valuation may be required when a property is bought, sold, or refinanced. But a professional valuation can be a little different to a real estate appraisal or online report. Understanding some of the differences could help to make sure your valuation is accurate, for a more streamlined and hassle-free transaction.

Does working from home void your home insurance?

Home and contents insurance covers your home and possessions if they are damaged or destroyed, providing homeowners with valuable peace of mind. But there’s also a risk that these homeowners could miss out if they also run a business from their insured home.

Principal and interest: how to pay off your mortgage faster

Your mortgage’s “principal” refers to the amount you’ve borrowed and will need to repay to the lender in time. Paying off your mortgage principal can not only bring you closer to owning your property outright and getting out of debt, but potentially help you pay less in interest charges over time. There are a few home loan features and options that may be able to help you pay off your home loan faster.