Tag: Interest rates
I’m considering an interest-only home loan. What do I need to know?
Image: Chuttersnap/Unsplash
An interest-only home loan, as the name suggests, is where you only pay the interest on a loan and not the principal (the original...
What happens if I can’t pay my mortgage and what are my options?
Image: Pat Whelen on Unsplash
With rising costs of living, including interest rate rises, many people are really worried about their mortgage.
So, what actually happens...
Fixed or variable mortgage? The choice of home loan isn’t as simple as you might think
Image: Shutterstock
In times like these, when there is great uncertainty about what will happen to interest rates, borrowers get lots of advice about whether...