Learn everything you need to know about the Federal Government Home Builders Grant here Taking on debt at a younger age to buy that new car or spending up on a credit card might seem like a good idea at the time. But it may come back to haunt you in the form of…
There’s so much build-up to getting your first home loan, that we seem to forget about what comes next. If you already have a mortgage you might want to start thinking about how you can pay your loan off quicker. While a loan term with up to 30 years sounds like a big feat to…
5 Tips For First Home Buyers As a first home buyer, applying for your first home loan is an exciting milestone, but one that can be quite daunting. Getting the right advice from the start is vitally important. That’s why we’ve put together some of our best 5 Tips For First Home Buyers to help…
If you’ve heard the term ‘comparison rate’ you might be wondering what it’s all about and how it differs from an interest rate often advertised by lenders.
A comparison rate is a rate that all lenders by law must display next to their advertised interest rates. It’s a rate which takes into account some of the fees and charges of a home loan to give you a more accurate representation of a loan’s interest rate once the costs are taken into account.
It’s the question on every homeowner’s lips at the moment – to fix or not to fix? With fixed-rate offers (as at 19/05/2020) starting from around 2.09 per cent, these are hands down the lowest interest rates Australia has ever seen. Some lenders are even offering rates for under 3 per cent for up to…
If you’ve found yourself in a bit of a financial bind, you may not know what to do. Should you refinance, take advantage of mortgage break offers by banks, or work out other ways to save money. One or all of the above could be options, but which one suits your specific needs is the…
Find The Best Rated Mortgage Broker in Brisbane Looking for the top-rated Home Loan Mortgage Brokers Brisbane near you? A trusted and experienced mortgage broker can help you find the best home loans you need to buy your first or second home in Brisbane. If you are planning for a loan approval then considering the…
Taking a break from mortgage payments might be exactly what you need right now. But how will it affect you in the long run? There have been many reports in the news about mortgage breaks affecting your credit score. Earlier this month the Australian Banking Association announced that pressing pause on your home loan repayments…
You’ve heard about interest rate cuts in the news, but what does that really mean? And what does that mean for you? Australia’s main interest rate was cut to 0.25 percent last week, the lowest in history. It was part of an emergency package to prevent the financial system melting down as large parts of…
At North Brisbane Home Loans, we’ve always been supportive of our community and we understand that local businesses (like NBHL) have an important role to play during challenging times. This is just one of the reasons why we’re taking the government advice relating to COVID-19 so seriously, with a strong focus on ensuring the…