February 20, 2018

Lenders Mortgage Insurance (LMI) is a one-off payment which lenders require you (the borrower) to pay to protect them (the lender) against the unfortunate event where you (the borrower) might fail to make your home loan repayments. This is required generally when you n...

February 13, 2018

For previous generations of home owners, taking out a mortgage often meant sticking with the same loan and lender for the full term. Not so these days. In the 12 months ended August 2017 for instance, over 200,000 Australians refinanced their home loan[1].
 
These sort...

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