If you’re currently paying off a mortgage, there’s an interest rate cut waiting for you if you simply ask for it.
While many people talk about home loan interest rates, far fewer people talk about comparison rates. This is unfortunate, as home loan comparison rates can make a big difference when you’re estimating the costs of different mortgage options, whether you’re applying for your first home loan or refinancing.
Having a home loan rejected can be incredibly frustrating, especially if you’ve put a lot of time and effort into your application. While different banks use different criteria to assess home loan applications, there are a few common issues that could see your mortgage application rejected:
When you’re scraping by to save for your home deposit, the dream can start to feel more like fantasy than reality. RateCity has compiled a list of new and timeless ways you can save your home deposit faster.
RateCity spoke to Sydney mother of two, Natalie, about how she found herself falling into her banks’ fee traps, and how she’s choosing to break the cycle.
Home loan repayments are either made on a ‘principal and interest’ basis or they are paid by ‘interest-only’ instalments.
We all want to pay as little for our mortgage as possible, but it would be wrong to assume that lower-rate products are automatically better.
^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.