Finmortg Brokers in Crows Nest, New South Wales, Australia | Mortgage brokers

Finmortg Brokers

Locality: Crows Nest, New South Wales, Australia

Address: 102/68 Alexander Street 2065 Crows Nest, NSW, Australia

Website: https://www.finmortg.com.au

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23.01.2022 Home Loan Approval Process Factors to Consider

21.01.2022 The RBA holds the Cash Rate at 0.10%: The outlook for the global economy has improved over recent months due to the development of vaccines. While the path ahead is likely to remain bumpy and uneven, there are better prospects for a sustained recovery than there were a few months ago. That recovery, however, remains dependent on the health situation and on significant fiscal and monetary support. Inflation remains low and below central bank targets. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision: https://www.rba.gov.au/media-releases/2021/mr-21-01.html

20.01.2022 Fixed Interest Rate for Certainty or Variable Interest Rate for more Savings? #homeloan #interestrate #mortgage

19.01.2022 How Much Does Home Loan Refinance Cost?

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17.01.2022 10 things to consider before refinance home loan

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15.01.2022 WHAT IS LMI? In most cases, borrowers require to add LMI in their home loan if their deposit is less than 20%. While it may help to get, you dream home but should try to avoid or reduce LMI for Home Loan as LMI not only comes with a cost but also higher repayment and high risk. Lender’s Mortgage Insurance (also known as LMI), is associated with a loan that the lender consider to carry high risk. When a loan is worth more than 80 per cent of a property’s purchase price, a lend...er may need insurance to hedge the higher risk. The one-off insurance payment will protect the lender in the event when the borrower can’t afford to keep up their home loan repayments. In most of the LMI policies, a lender can claim if the borrower defaults on the loan. And the sale of the property doesn’t equal the value of the mortgage. Remember, the purpose of LMI is to protect the lender. Also, it allows the borrower to lend larger amountsultimately an opportunity for the lender to approve more home loan applications. In borrower’s diary, adding LMI with a mortgage or home loan means additional expense. So here are some of the factors that may affect the cost of LMI: Read Full Article: https://www.finmortg.com.au/lenders-mortgage-insurance-lmi/ #LMI #mortgage #homeloan If you know someone who needs help on home loan then we are here to help .... https://www.finmortg.com.au/contact-us/ See more

15.01.2022 Business loan choosing the right one!

11.01.2022 Home loan with Redraw or Offset- which one select to save money?

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10.01.2022 Why refinance to renovate your home

09.01.2022 How to get home loan with cheapest rates

06.01.2022 First Home Buyers Guide for Home Loan Australia Being a first home buyer or a seasoned one, a home loan is the most common trend among the property buyers in Australia. A growing number of Australians are looking for a home loan as first home buyers. It may be daunting for many to understand the entire process, especially for the first home buyers. Interest rate (fixed or variable), pre-approval, settlement, stamp duty, conveyancing are the most popular and used terms in the ...entire process to finance your dream home. So here is a guide for the first home buyers to secure their home loan in Australia. Read Full Article: https://www.finmortg.com.au/first-home-buyers-guide-home-l/ #firsthome #mortgage #homeloan #firsthomebuyerloans If you know someone who needs help on home loan then we are here to help .... https://www.finmortg.com.au/compare-home-loan/ However, it is always wise to consult with an expert before you set your course for a home loan.

04.01.2022 7 Quick Tips To Manage Your Credit Card Smartly!

03.01.2022 The RBA continues to maintain the current Cash Rate, staying at 0.25%: The global economy is experiencing a severe contraction as countries seek to contain the coronavirus. Even though the worst of this contraction has now passed, the outlook remains highly uncertain. The recovery is expected to be only gradual and its shape is dependent on containment of the virus. While infection rates have declined in some countries, they are still very high and rising in others. International trade remains weak, although there has been a strong recovery in industrial activity in China over recent months. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision: https://www.rba.gov.au/media-releases/2020/mr-20-18.html

02.01.2022 Cash rate is on hold at 0.25%, July 2020. Picture courtesy: #nMB #cashrate