For many people, their first property purchase is a unit. In the current property market, a home loan for a unit is all some people can afford. For others, a unit suits their needs at the time. But things change. If your first property purchase was a unit, you might be considering an upgrade. This
Almost everyone wants to get a good interest rate when they’re looking for a home loan. A lot of lender advertising is heavily based on interest rates. It’s also a point of competition between lenders.
So it’s easy to see why many people shop around for the best interest rate.
“Crack down on investor lending.” We see this a lot in the news. These crackdowns are often the result of regulatory pressure on lenders. But what does it really mean for people who want an investment loan?