Should you lock in your interest rate for a fixed period? Or take a chance on interest rates dropping even further and choose a variable rate?
Unfortunately, there’s no simple answer to these questions. To help you make an informed decision, we’ve outlined the pros and cons of fixed and variable interest home loans.
Topics: Newsletters, Mortgage Broker, Blog, Australia Property, australia finance, mortgage stress, Mortgage Debt, Variable Interest Rate, Fixed Interest Rate
Timing is often a challenge when it comes to buying a new home and selling an existing one. In a perfect world, both transactions would happen simultaneously. In reality though, you could end up owning two properties while you sell your existing home. That’s where bridging finance comes in.
Topics: Newsletters, Mortgage Broker, Bridging Finance, Australia Property, mortgage rates, Mortgage Debt