Common questions people ask when going through the mortgage process are “what is my credit score, how does it work and why is it important?”. This post goes beyond the basics and also explains how Australia’s new credit reporting regime (“comprehensive credit reporting”) introduced in March last year effects you. The new regime along with […]
Get ready for Australia’s new credit regime
Is refinancing your mortgage a good idea?
When interest rates are low it’s natural for borrowers to consider refinance options. Interest rates in Australia are now at record lows and so many lenders are encouraging borrowers to refinance their existing mortgages to gain market share. But the intelligent borrower knows that cost savings are often over exaggerated when refinancing and a refi […]