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Apply all bonuses, salary increases, gift money towards the PRINCIPAL of your mortgage and you’ll save loads of interest. If you are looking for a Sydney Mortgage Broker, The Home Loan Company can help you.

Divide your monthly mortgage repayments into two fortnightly payments. You’ll end up making the equivalent of one extra monthly repayment each year across 26 fortnights. A move that will save you thousands. Even if your lender won’t accept fortnightly payments you can still achieve the same results by making a single extra monthly payment once…

Go Girls!! Research by the CBA has shown the return of women to the workplace and immigration have been key drivers changing home ownership in Oz. Post WWII home ownership rose from 8% in 1946 to 35% in 2006 and men are no longer sole breadwinners. Household incomes rose and with greater disposable income came…

St George are reducing their Fixed Mortgage Rates effective Tues 17 July for existing & new customers switching into fixed rates. 1,2,3 yr rates reduce to 5.59%. 4 & 5 yr rates reduce 6.29%. The Home Loan Company can compare rates for you to make sure your objectives are met. Give it a try.

Homeside reduced its 3, 4 & 5 yr standard fixed rates on the Homeplus range effective 13 July 2012. 1 yr rate now 5.79%, 2 & 3 yr rates 5.89%, 4 yr rate 6.39% and 5 yr rate 6.54%. If you are looking to fix part of your home loan we can do the work…

Another tax change that may affect you and your family. From 1 July 2012, the concessional contributions limit for all individuals, regardless of age or superannuation balance, will be $25,000 per annum. If you have a self managed super fund make sure you have a chat with your financial planner or accountant asap to see…

You may know that from 1 July 2012, income testing will apply to the Govt Rebate on private health insurance. Currently, most people receive a 30% rebate on premiums. If you expect to earn more than $84,000 (single) or $168,000 (couples) in the 2012-13 financial year, your rebate will be affected. To defer the impact…

Westpac’s variable lending rate will drop 20 basis points rather than the 25 basis-point cut made by the Reserve Bank on Tuesday. The bank’s lending rate will fall to 6.89%, effective from June 18.

NAB has cut its variable interest rate by 21 basis points to 6.78%. CBA have also cut their rate by 21 points to 6.8%. Both effective 18 June.

Macquarie Bank have decreased their variable interest rate by 0.21%pa effective 13 June for new loans and 18 June for existing customers. Standard variable rate will be 6.85%pa. We can help you compare home loans to consolidate your debts, renovate or invest in property through your Self Managed Superannuation Fund (SMSF).