Tag: rates

What is Foreclosure?

What is Foreclosure?Getting behind in payments is perhaps the biggest fear of any property owner, as this could lead to the lender acquiring the unpaid property. Not paying the mortgage per the terms is basically a breach of contract.It gives the lender – usually a bank or any financial institution – the lawful right to […]

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Refinance Your Mortgage

These 5 Things Indicate It Is Time to Refinance Your MortgageIf you got a loan that’s too risky or pricey, you usually could refinance and turn it into a better loan. Coincidentally, even though home mortgage this year is in flux because of several factors, they are still quite low as compared to historical trends.When […]

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Historical Interest Rate Cut

Historical Interest Rate CutThe RBA This week (03/03/2020) decided to reduce the cash rate to 0.5%, a historical all time low.Maybe its time to review your mortgage? It Makes Cents to switch and save on your mortgage. This week, on Tuesday (03/03) the Reserve Bank decided to cut the cash rate by another 0.25%, leaving […]

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