Posts Tagged ‘Lenders Mortgage Insurance’

Minimise your LMI premium to save money

Today I saved my client almost $2000 in Lenders Mortgage Insurance. Lenders Mortgage Insurance or LMI as it is more commonly known, has allowed many people to get into their own home sooner by allowing people to borrow more than 80% of the value of their property. Lenders Mortgage Insurance is a one off premium…

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How much does it actually cost to buy a house?

What does it actually cost to buy a house and move in? Buying a house is an expensive time in one’s life, and is usually the culmination of months and/or years of saving hard and going without to save the deposit. With recent changes to stamp duty concessions and first home buyer grants in NSW…

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Fixed v Variable Interest Rate Home Loans In Australia

I have been asked many times over the last few months by my clients whether I think that they should fix the interest rate on their home loan with three year fixed rates being significantly lower than their long term average. The real question that most of my client’s are in fact asking is Do…

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Don’t guess how much your property is worth

Do you often wonder about what your property is worth and just how much equity you have in your home? If you are thinking about buying an investment property or doing some renovations to your current home not knowing the answer to such questions can be frustrating, however it can be easily overcome. Today, many…

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