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Top 10 Mortgage Tips Deposit Bonds – Act as a substitute for the cash deposit between signing a contract and settlement of a property. At settlement the purchaser is required to pay the full purchase price including the deposit. The…
Top 10 Mortgage Tips 7) Reduce the need for Lenders Mortgage Insurance. This insurance is compulsory where you borrow in excess of 90% of the loan to value ratio of the home. If you can, have enough money to make…
Top 10 Mortgage Tips 6) Do you need Income or Mortgage Protection Insurance? This is an important consideration. How would your mortgage be paid in the event of death or serious injury? Mortgage Protection is just as important as health…
Top 10 Mortgage Tips 2) Get your Credit History in Order: Your credit rating will be checked and can affect your borrowing ability. You may find it difficult to secure a loan if you have any unpaid bills or exceeded…
At its meeting yesterday, the RBA Board decided to leave the cash rate unchanged at 4.25 per cent
