Entries from April 29th, 2011

Home Loan Pre-approval – Is it worth the paper it is written on?

So you’ve got your finance pre-approved and it’s now time to buy a property knowing you have your finance sorted. Wrong!

A pre-approval is simply and indication from a lender that thay are willing to consider providing finance to a set level.

Although it is usually a good idea …

Are you suffering from “Mortgage Fatigue”?

Your home loan might be the right one for you at the time you take it out, but it is important to conduct regular reviews to avoid mortgage fatigue.

Mortgage fatigue – the feeling that after several years of dutifully making fortnightly or monthly mortgage repayments, you’re no closer to actually …

RBA keeps rates on hold

Once again the RBA has decided to leave their cash rate on hold at 4.75%.

What we are seeing at the moment is a “variable rate price war” being waged amongst major home loan lenders.

Unfortunately we can’t tell you what …

Are you better off with an offset facility or a redraw option?

Offset accounts and redraw facilities are two home loan features that allow you to use any extra income or savings to reduce the amount of interest charged on your loan and help you to repay the loan sooner.

There are …

Contact

P O Box 3466
Erina NSW 2250

Phone: 02 4367 4116
Mobile: 0414 445 146
Fax: 02 4367 5116
E-Mail: mconnors@smartline.com.au
Website: www.smartline.com.au/mconnors

About

Smartline are award winning mortgage brokers. We compare home loans and mortgages from over 25 different lenders and help make getting a home loan as simple and straightforward as possible. After all, the best home loan is the one that suits your personal circumstances and requirements.

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