The old days of being able to easily quote an interest rate are gone. It now depends on the Loan to Value Ratio (LVR), the loan purpose (owner-occupied or investment use), the repayment type (interest-only or principal and interest), and, to a degree, your credit rating.
One of the first things buyers and tenants notice when they’re looking at properties is, of course, how it looks from the outside. Regardless of how attractive a property may be inside, an off-putting exterior gives a bad first impression, and a property that looks good externally will attract more people.
This sounds like something Scrooge would say but setting a budget can be helpful, especially during the holidays. Allocating how much to spend on presents, food, decorations, and parties not only reduces your anxiety around holiday spending but also gives you a goal of how much saving you need to do beforehand.
Many people have a credit card. They’re convenient, meaning you don’t have to carry around cash, let you borrow money instantly, and also offer benefits such as fraud protection, travel insurance, and rewards programs.
With the emergence of fintech, there are several companies that are now able to assess your loan application within 22 minutes. That’s a seriously quick turnaround and great if you’re got a property that you just must have right now.