Top 10 Tips for Paying Down Your Mortgage Faster Paying off your mortgage doesn’t have to be a decades-long slog. At Credit Connection, we believe in making this journey shorter and more manageable, so you can have less debt and more life! For most Aussie homeowners, achieving mortgage-free status is not just a financial goal; […]
Struggling with multiple debts? Discover how debt consolidation can simplify your finances, lower interest rates, and help regain control. Credit Connection’s guide shows you the step-by-step process
Don’t get caught off-guard when your interest-only loan period ends. Credit Connection offers expert tips for a seamless transition to principal and interest payments.
Are you looking to buy a property or refinance your existing home loan? Understanding the impact of the serviceability buffer on your borrowing power is crucial in today’s economic climate. The Australian Prudential Regulation Authority (APRA) has set the serviceability buffer at a minimum of 3%, making it harder for borrowers to secure a mortgage. In this article, we explore what the serviceability buffer is and how it affects your borrowing power. We also provide steps you can take to navigate the changes and still achieve your property ownership dreams. Additionally, we look at APRA’s recent decision to maintain the 3% serviceability buffer amid economic uncertainty. Stay informed and empowered in your property ownership journey.
So many mortgage terms can throw off your confidence when you decide to get a home loan. It’s almost like they are speaking an entirely different language. Luckily, there are plenty of places that can break down these terms for you. While there are many to go through, we thought we would highlight these key […]
You work hard for your money – imagine your peace of mind knowing your money is working hard for you. Our Mortgage Action Plan delivers guaranteed results and allows you to start living the life you deserve.
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