5 common mistakes investors make Property investing can be a great way to build wealth over the long term, but there are some traps new investors can fall into. It’s important to approach property investing with a strategic mindset to help you avoid some of the common pitfalls. Here are five common mistakes investors make… Continue reading 5 common mistakes investors make
Why do I need a Lawyer/Conveyancer? Property conveyancing is a critical part of any real estate transaction, however, many people make the mistake of trying to go it alone, which can lead to serious problems down the track. Conveyancing involves the legal transfer of ownership of a property from one person to another, which is… Continue reading Why do I need a Lawyer/Conveyancer?
Understanding the Benefits & Process of Refinancing Your Home Loan The process of refinancing a home loan involves the replacing an existing mortgage with a new one that offers different terms and conditions. For a number of reasons, including lowering monthly payments, gaining access to home equity, and modifying mortgage conditions, homeowners prefer this option.… Continue reading Understanding the Benefits and Process of Refinancing Your Home Loan
The pitfalls and pluses of pausing your mortgage Pausing your mortgage, also known as a home loan deferral or a mortgage holiday, is a way a lender can suspend the borrower’s mortgage payments for a set period of time. However, is that something you should really be considering? During COVID, the number of borrowers requesting… Continue reading The pitfalls and pluses of pausing your mortgage
How often should I review my loans? If you currently have a home loan and haven’t reviewed it for a few years, it might be time to compare your options. Experts generally recommend checking the health of your home loan each year to make sure it remains the right fit for your circumstances and the… Continue reading How often should I review my loans?
Top commercial property predictions for 2023 After a year that saw both rents and values across the commercial property sector continue to grow, 2023 is shaping up well with a range of opportunities for investors according to Ray White. Here are the top five predictions for commercial property in 2023 from Ray White: Demand for… Continue reading Top commercial property predictions for 2023
Make the most of summer with a personal loan Summer in Australia is the perfect time to get out into the world and enjoy yourself. There are so many exciting things to do, from taking holidays, getting out on the water or going on a road trip. Regardless of the type of adventure you’re looking… Continue reading Make the most of summer with a personal loan
How to manage money as a couple When new couples get married and start living together, one of the first things they need to consider is how they will manage their finances. For singles, your financial situation is relatively straightforward – but when there are two of you with different financial backgrounds and different approaches… Continue reading How to manage money as a couple
Is it time to look at consolidating your debts after Christmas? Christmas is a great period of the year for spending time with family and reflecting on what’s most important in your life. However, it’s also the time of year when people spend the most money. With Christmas shopping and the ensuing Boxing Day sales,… Continue reading Is it time to look at consolidating your debts after Christmas?
How to hit your financial goals in the new year The new year is usually the best time for people to sit back, reflect and start setting goals for the new year. Most people will have some financial goals in 2023, whether that’s to save money, get out of debt or even buy a new… Continue reading How to hit your financial goals in the new year
Copyright © 2023 Loan Purpose - All Rights Reserved.
