But with the current sluggish property market, and the lowest uptake of new home loans in recent years, there is no time like the present for borrowers to perform a home loan health check. Continue reading Tips to get the best out of your biggest debt
The federal government’s announcement on 25 March that home loan exit fees are banned from July 1 onwards is causing confusion with a number of borrowers who are trying to decide whether to switch now or later.
Many are unsure whether it will be more beneficial for them to wait until this expiration date passes before committing to a new loan, says Australia’s largest independently-owned mortgage broker. Continue reading Exit fee ban – so when’s the right time to refinance?