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!
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