NSW Mortgage Corp Blog

Category: Interest Rates

Things Equally Important As Consolidation Loan Rates
Debt Consolidation

Things Equally Important As Consolidation Loan Rates

A consolidation loan can help you keep up with your payment. Having fewer bills to pay also means lesser chances of missing payments, lower interests to pay and greater chances of paying the loan faster.

The Advantages and Disadvantages of an Interest-Only Loan
Financial Tips

The Advantages and Disadvantages of an Interest-Only Loan

Some lenders offer interest-only payments to draw customers to apply for loans with low-interest payments. It is because as a borrower, you only have to pay the interest and none of the principal balance for a specified period of time which may take months or years.

Are Low-Interest Rates Worth the Effort?
Interest Rates

Are Low-Interest Rates Worth the Effort?

As a general thumb rule, you should always compare and contrast different loan options. And make sure you factor in the extra fees that are linked to the loan. Additional features and flexibility are two equally important elements that shouldn’t be overlooked.

Fixed Rate Home Loans Lower Than Ever
Financial Tips

Fixed Rate Home Loans Lower Than Ever

Before hurrying to take a fixed rate home loan as soon as possible, you better compare the advantages and disadvantages of this borrowing option.

Rise in Interest Rate – Imminent for Home Loans

Striving to meet the high requirements necessitates funding so a rise in interest rate is not a surprise. The percentage may be a surprising aspect but the experts expected the increase itself. In fact, this is one of the reasons claimed by the chief executive officer of the Bank of Queensland, Jon Sutton, aside from the incredibly competitive market.