Now is the time to fix your home or investment loans Global interest rates are on the rise. Most notably in the U.S where a series of rate hikes by the Federal Open Market Committee (FOMC) and an end to the bond buying program has seen bond yields to rise to 5 year highs. Chart 1 shows the yield of the benchmark U.S 5 year government [...]
It’s often said that Australians are more likely to divorce their spouse than switch banks. But with plenty of competition in the home loan sector, refinancing can be a good move. There are a number of reasons why you might want to refinance: you can consolidate debt from high-interest credit cards into a home loan with a lower rate of interest; you can release cash from [...]
As the home loan market becomes increasingly complex, more people are turning to a finance broker . Here are five of the reasons.
While refinancing your home loan may seem overwhelming at first, it's less complicated than you might think. With historically low interest rates and increased competition across the home loan industry, lenders are keen to get your business. When you first took out a home loan, you probably paid very close attention to interest rates. Over time you may have become more relaxed about your [...]
The RBA has today left interest rates on hold at 1.5% at their first meeting of 2017. The outlook remains clouded and many top economists are tipping they may stay on hold for the first half of the year, before lower inflation opens the door for possible further cuts in the second half. In the immediate future Australian mortgage rates are far more likely to be [...]