When choosing a mortgage, understanding the difference between variable and fixed rates is essential. A fixed-rate mortgage locks in your interest rate for a set period, offering stability and predictable repayments. It protects you from rate hikes but doesn’t benefit from rate drops. Conversely, a variable-rate mortgage fluctuates with the market. While this means your …

Buying your first home is an exciting milestone, but it comes with its own set of challenges. Start by understanding your budget and getting pre-approved for a mortgage. This will give you a clear idea of what you can afford. Familiarise yourself with government grants and schemes available for first-time buyers, such as the First …

Refinancing your home loan can be a strategic financial move, but timing is crucial. If you’re considering refinancing, start by evaluating your current interest rate. If market rates have dropped since you locked in your loan, refinancing could save you a significant amount in interest payments. Assess your personal financial situation, too. If your credit …