How can I safeguard my ability to pay off my home loan?

How can I safeguard my ability to pay off my home loan? It’s not unusual that life can be smooth sailing one minute and throw you a curveball the next. You might be hit with an injury or illness, a reduction in income or redundancy, a separation from your partner, or even a death in the family—all of which can be difficult, emotionally as well as financially. If you happen to owe money on your …

Am I better off renting or buying a home? – revisited

Am I better off renting or buying a home? – revisited About a year ago, we took a look at one of the biggest questions in property, whether to rent or buy. We now revisit this debate to examine whether the property market has changed over the last 12 months and how this might impact you if you were thinking about renting or buying a property. The debate continues If you’re following the rent vs …

How can property make me better off?

  How can property make me better off? If you’ve built up some equity over the years, it may be time to look at the options your property may give you. Here are four possibilities that could help you: You could buy an investment sooner. Borrowing against the value of your home—which is one way you can access your equity—may enable you to buy an investment sooner than if you had to save the money. …