Mortgages are too easy to ignore despite taking a fair bit of your pay. People spend more time assessing the price of their coffee than they do their debt. Globe Director David Sharpe shared his advice with 9 News Perth this afternoon – see below!
In summary
1. Know what the cost of your mortgage is
2. Find out what the rest of the lending market charges
3. If your bank is expensive, ask for a discount and if they don’t give it to you- change lender!
4. If it all sounds too hard and you don’t understand it all – that isn’t an excuse to ignore it. Use a mortgage broker who will do all the hard work for you. If you are looking for a good one – try Fix Finance
