Home Loans Articles

Rudd's First Home Owners Boost How much is it really saving you?

If you are buying your first home you’re no doubt keen to get the Federal Government’s First Home Owners Grant as well as the First Home Owners Boost. With the cut-off date for the Boost fast approaching (December 31, 2009) you may be stressing about missing out.

Discounted home loan rates are you eligible?

There are several ways to save on your home loan when interest rates are on the rise. Economists are tipping a string of Reserve Bank rate rises in the next year and many lenders are already raising their fixed rates

Interest rate wars How fixing can save you thousands

With the Reserve Bank ready to raise official interest rates any tick of the clock, it’s still possible to find a good fixed rate home loan deal. Unless you have a crystal ball it is difficult to know for certain what will happen to interest rates in one, three or five year’s time.

How to negotiate and knock $30,000 off your home loan

Once you’ve done the hard work of securing your home loan it’s easy to feel as if you’re locked in for the next 25 or 30 years. But with some competitive deals on offer right now it could be worth comparing home loans to see if you would benefit from refinancing.

Out with the old are new home loans ripping us off?

As competition heats up between the banks, new home loan features are sweeping the mortgage market in a bid to attract consumers to fresh, innovative products.

The home loan from hell

Nightmare mortgages and how you can avoid ending up with the home loan from hell. In March 2008, Alan and Esther found the home of their dreams. They needed a $300,000 home loan to pay for the property

Capped Home Loans

Capped home loans have a security feature similar to fixed rate home loans. Capped mortgages however are not fixed at the one interest rate for a period of time, they are variable and can reduce and will only increase up to a specified rate.

Individual capped rate home loans

When interest rates are on the rise, capped home loans are an option to consider when searching and comparing for the best loans on offer for your individual circumstances.

Bankwest Capped Rate Variable Home Loan

The Bankwest Capped Rate variable home loan was launched in the first week of September 2009 with an advertised variable interest rate of 5.4 percent p.a.

Refinancing Benefits or Risky Business?

As the economic downturn continues to impact our financial stability, refinancing your home loan is a more promising option for many home owners. Paying off a mortgage can sometimes seem like financial burden, and the seemingly never-ending repayments place added financial pressure on many families.

Jumping the home loan hurdles

What are the smartest strategies for securing a home loan? It can be tough to qualify for a home loan but by having a strategy you can increase your chances, not only of getting the loan you want, but of meeting your payments if interest rates go up.

The Investor Returns

If you’ve decided it’s a good time to buy your first investment property there are plenty of competitive home loans around to help you finance the deal. Investors are returning to the residential property market

Hot auction and home loan tips

If you are considering buying a property at auction, there are a few important facts you need to know about home loans. The first step before you start bidding is to shop around for the best deals to secure a loan as this can save you thousands of dollars

Save thousands with a home loan package deal

Packaging your mortgage with a credit card and bank account can save you thousands of dollars over the life of your loan, but are you really better off?

How to beat mortgage stress

As housing prices have increased in recent months and media speculation grows of imminent interest rate rises, mortgage stress may soon be rising however there are simple steps to take now to keep you out of the red.

FHOB rush Guide to finding the best home loan

Don’t lose your head in the rush to find the right house and the best mortgage before the government’s Boost payments are reduced after September 30. Jackie Pearson investigates tips to finding your first home loan

Spring break Mortgage borrowers go wild!

Spring is the time of the year when both the residential property and mortgage markets thrive - just be careful you end up with the right house and the right mortgage. Real estate agents call it the Spring Harvest. Across Australia, September and October are traditionally the busiest months of the year for buying and selling real estate and, as a consequence, the mortgage market booms

Stats and facts for Aussie home loans

Australian's are digging deep into their pockets to finance their home loans and with the current investment market booming, you have to be ahead of the game to get a look in.