Variable vs Fixed Mortgages – What’s the Difference?

variables vs fixed mortgage rates

The decision on whether to go for a fixed mortgage offer or a variable rate mortgage isn’t always an easy one. It is vital that you understand the pros and cons of these rate types before committing, as the impact on your finances can be significant. What Is A Fixed Mortgage? Also known as a…

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What’s A Home Equity Line of Credit?

home equity line of credit

A home equity line of credit is essentially a loan that’s given where the equity in your home is used as collateral. The homeowner is given a total amount they are able to lend via the line of credit, and can withdraw money from it as needed. The credit is repaid based on the agreed…

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