Silver Fox Blog
3 Things to Do Before You Renovate
Summer is the perfect time for home renovations. You’ve finally got a break from work, the warmer weather means fresh paint dries fast, and temporarily swapping the kitchen for the outdoor barbie is practically painless. But before you get started, you need to take care of some basics. 1. Put a price on your dreams…
Read MoreSmash Your Credit Card Stress
If you’ve returned to work this year with money owing on your credit card, you’re not alone. Nearly half of all Australians fail to pay off their summer holiday spending within the first interest-free period. And almost half a million people expect it will take them a year or more to repay the money they…
Read More5 Times You Should Refinance (and 4 Times You Shouldn’t)
Refinancing your home loan can be a more complicated decision than it first appears. If you see a better rate being advertised, it doesn’t necessarily mean you’d be better off switching lenders. But done right, refinancing might save you thousands over the lifetime of your loan. Here are the 5 biggest clues you should make…
Read MoreThe Truth About First Home Deposits
When you’re buying your first home, the amount of the deposit you have saved is important— almost as important as the monthly mortgage repayments you can afford. If you’re about to enter the property market, you may have heard that you need to have 20 per cent of the purchase price saved as your deposit.…
Read MoreClouded by Commissions: How to Find an Unbiased Broker
It may come as a surprise to learn that 70% of mortgage broker recommendations in Australia go to one of the Big4 banks. Consumer watchdog Choice has found that some mortgage brokers are driven by sales incentives which can lead to bad advice for home loan customers. So how can you tell if a broker…
Read MoreIs it Time to Fix Your Home Loan Rate?
With home loan rates expected to rise in 2017, Australian home owners and buyers should be reviewing their finances and loan arrangements. For people considering the option of locking in some or all of their mortgage repayments at a fixed rate, now could be the time to do so (but you’ll need to act fast).…
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