Your Mortgage
Changes To The Mortgage Market And How They Might Impact You
I know I have had discussions with many of you about how home loans are becoming more difficult to get and there are more hoops that you have to go through in order to get your loan approved. Banks have become far stricter in terms of their lending criteria and are now wanting greater evidence…
Read MoreHow To Use An Offset Account To Pay Off Your Mortgage
Using a Mortgage Offset account is one of my favourite strategies for paying off your mortgage faster. Many of you probably have one of these accounts as part of your home loan package. I have an offset account myself, although there are some pitfalls to using one, and it doesn’t always work well for everyone.…
Read MorePay Off Your Mortgage – The Power of Making Extra Repayments
If you want to pay off your mortgage faster, the power of making extra repayments is huge. Each extra repayment you make reduces the capital value (principal or loan amount) of the loan which means that over time you will be paying interest on a smaller amount. That means your interest bill is growing at…
Read MoreHow To Pay Off Your Mortgage Faster
Most people think that paying off your mortgage before the 30-year term is up is impossible. I totally believe that this is not true. In fact, it is much easier than many of us are lead to believe. All you need to do is choose one or more of my simple strategies outlined below and…
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