Home Loans 101: Understanding loan options

Loan options can be confusing to those new to mortgages, or sometimes even those that have had home loans for years. Here’s a 101 to get you up to speed on loan types: 1) Basic home loans Basic home loans or ‘no frills’ loans offer borrowers a loan with a low interest rate. This interest and … Read more

Will interest rates increase in 2017?

Interest rates have been at historical lows for such a long time, home owners could be forgiven for forgetting what it is like for rates to rise.   In recent weeks though, major lenders have increased their fixed term rates, across several loan terms (two, three and five year terms). A rise in fixed rates … Read more

What is a good interest rate? How do you know if you have one?

Your mortgage is likely to be your single biggest monthly expense and yet you might (like many people) struggle to know what interest rate you are paying, let alone whether or not you are getting a ‘good deal’. The difference in interest rates can be significant. The best rate in the market at the moment (after the recent rate cut) is … Read more

Case Study: Investing in property

Craig works as a Brand Manager at Lion Dairy and Drinks and I recently worked with him to gain pre approval for the purchase of his second investment property. I asked him if he could share his experiences with investing in property.   Tell us a bit about your first investment property? I purchased my first investment … Read more