Could one small error today cost thousands over the life of a mortgage? Buying a home in Australia is a major financial step. Changing interest rates and shifting lender rules mean the market moves fast. Many buyers and borrowers assume last year’s figures still apply. That can narrow options and delay approval. Lenders check credit […]
Tag Archives: Loan pitfalls
13
Nov
Nov
What if a low rate today hides higher costs tomorrow and leaves the borrower paying far more than expected? Many people confuse the note interest rate with the true total cost shown by an APR. That mix-up makes it easy to pick an offer that looks good at first but costs more over time. Adjustable-rate […]