Whether you’re in a strong financial position or struggling to save, it is always a good time to take stock – looking at how you’re using your money.  Pay off debt Before you do anything else, work out your debt. There may be issues you cannot solve instantly, like a mortgage or HELP debt, but… [Read More]

  Equity is the difference between the value of your property and how much you owe on it. Find out how unlocking the equity in your home could open up opportunities. What is home equity? As a homeowner, you build up equity in your home over time, when you pay down your home loan and… [Read More]

What is refinancing? When you refinance a home loan, it means taking out a new home loan to replace your current home loan. Your current home loan is paid out by the new loan and you make repayments towards the new loan. Why you would refinance Usually people refinance their home loan because the new… [Read More]

Are you looking to purchase a second property? If so, a home equity loan may be a good way to go.  What is home equity? The equity in your home is the current value of your property, minus the remaining mortgage principal. Home equity is increased by making principal and interest mortgage repayments (including extra… [Read More]