One of the overwhelming challenges in taking on a home loan is coping with interest. With interest rates edging higher, borrowers are looking even harder for ways to reduce their financial burden.
One highly effective route, if done properly, is through offset facility. Offset accounts are one of the simplest ways to reduce your mortgage and the term of your loan, without making changes to your current spending habits and budgets.
Read the latest issue of Your Mortgage magazine to find out how to maximise the benefit of this facility.
It can be confusing to know whether to get a variable rate or fixed rate mortgage, and what features are important. That's why it's important to not only check the right rates, but make sure that you're getting the right features in your home loan. Get help choosing the right home loan