What does the bank determine as ‘Genuine Savings’?
What is ‘Genuine Savings’? This is where the lender requires you, the borrower, to demonstrate that you have saved gradually by yourself typically 5% of...Read More
This is a very common question. The main reason why you may want to consider a fixed rate product over a standard variable is if you wish to have certainty in your home loan repayment over a period of time. There are limitations to a fixed rate product. Here are a couple of key thing questions you need to ask.
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