The Finance Guy

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Should We Fix our Mortgage?

May 21, 2015 by Finance Guy

The Australian Cash Rate is at an all time low!  Is now the time to fix your home loan?

The Finance Guy takes  a streetonomic look at Australian mortgage rates, and provides some insight into whether or not now is the right time to fix!

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May 21, 2015 /Finance Guy
Reserve Bank of Austrlia, refinance, RBA, CBA, NAB, ANZ, Westpac, Big Four, variable, Fixed Rate, official interest rate, offset, Loan, mortgage, monetary policy, home loan

What is a Mortgage Offset Account?

April 22, 2015 by Finance Guy in Home Loans

If you have a home loan, then a mortgage offset account, is a great place for your extra cash.  It will help you pay off your home faster.  With an offset account, you can save thousands of dollars and take years off your mortgage.

Need access to your funds?  Not a problem.  A mortgage offset account is an 'at call' cash account.  There is no obligation to lock your funds in.  An no penalty for making extra deposits or withdrawals

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April 22, 2015 /Finance Guy
mortgage, home loan, mortgage offset account, offset, principle and interest, Interest Only, Discount Variable
Home Loans

General Advice Warning: The information on this site is of a general nature only. It does not take your specific needs or circumstances into consideration. You should look at your own personal situation and requirements before making any financial decisions.