Posted in home loan health check

As interest rates shift and the property market changes, your home loan shouldn’t be a set-and-forget commitment. Just like your financial goals, your mortgage needs can evolve, so it’s worth reviewing your loan regularly to make sure it still suits you.If it’s been a while since you last checked in, now is a great time for a quick home loan health check. What worked when you first bought your home may no longer be the most competitive or cost-effective option.A review can highlight whe...

Did you know that more than half of Australian mortgage holders could be losing thousands without even realising it?Recent research from Money.com.au shows that 57% of Australians have never checked if their offset account is correctly linked to their home loan. This simple oversight could cost borrowers over $111,000 in extra interest over a 30-year loan term on a $600,000 mortgage at 5.50%.What’s going on?Many homeowners assume their lender automatically links their offset account to thei...

As the end of financial year (EOFY) approaches, it’s the perfect time to take a proactive look at your financial wellbeing—starting with your home loan. Whether you’re an owner-occupier or a property investor, reviewing your mortgage regularly ensures it’s still aligned with your goals and lifestyle.At FinancePath, we believe your loan should work for you—not the other way around. With interest rates shifting, new loan products entering the market, and life circumstances e...