You should look to start locking in five-year fixed rates from April onwards. Don’t leave it too late and don’t be too greedy. We’ve always said, “If the five-year rate gets below 6.00%, don’t even bother thinking about it, just lock it in”.
The days of banks throwing money at us are long gone. In fact, we are almost back to the old days where you had to go cap-in-hand to the bank to literally squeeze money out of their vice- like hands
If you do not know what you are doing (and you feel your bankers don’t either) then take personal responsibility and either do the research yourself or find someone who is qualified to help. Otherwise it could cost you thousands in extra interest over the life of the mortgage
One of the things we see a lot of is the financial difficultly people find themselves in once they start a family, or simply juggling their family and the mortgage. The good news is that with falling interest rates there are an increasing number of opportunities where we can help lighten the load
In this blog we show you some simple tricks to pay-off your mortgage up to eight years faster and pay 40% less interest over the life of the mortgage
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Risk with houses built before 1945
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Waterview Connection | Implications for Property
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Property Investing: Is Big Better?
November 20th 2011