When Would I Refinance My Mortgage?
Whenever it makes financial sense to do so. Heard about mortgage refinancing? In the past, most people who took out a mortgage doggedly continued with it until they had paid it off. These days, people refinance their mortgage much more frequently. The average duration of a home loan in Australia now is just 4-5 years. […]
Why does my broker ask for so much documentation?
No one likes paperwork; however, providing your broker with the right documentation will save you time and money. What information will your broker ask you to provide? When you ask to enlist the services of a broker, they will probably ask you for the following documentation: Identification, including photo ID such as driver licence Income […]
What comes first: the property or the loan?
It’s easy to get carried away with the fun part of buying a property – looking at houses – but delaying the less compelling task of arranging finance will weaken your negotiating position on both the property and the loan. Looking for a property to purchase is an exciting time. Choices regarding location, size, number […]
Newsletter March 2017 – Health Insurance : Do your homework
Active v passive investing – update In 2015, Lifestyle conducted detailed analysis and research into the perennial ‘Active versus Passive’ investment debate (as documented in our December 2015 Newsletter). While we generally agree with Warren Buffet’s view, there is still a place for active management of money by fund managers who charge a higher fee […]