When a relationship ends, the process of untangling shared property and finances can feel daunting. A jointly owned home often represents more than just bricks and mortar—it’s tied to memories, emotions, and practical challenges. Here’s how to approach this situation with clarity and purpose, ensuring your financial future is secure. The Importance of Legal Support…
The Importance of Having a Will A Will is more than just a document—it’s a key tool in ensuring your wishes are respected and your loved ones are provided for. Many people put off writing a Will, often underestimating its importance or assuming it’s something only older individuals need. However, having a professionally drafted and…
Imagine finally stepping through the door of your own home, a space you can truly call yours. For many, the biggest hurdle to achieving this dream isn’t finding the right house – it’s saving enough for a deposit. Using a guarantor is a solution many potential home buyers utilise to help them achieve ownership sooner!…
Everything you need to know about a Debt Consolidation Home Loan Juggling multiple debts can be overwhelming, a tool that can simplify all your debts into one is called a debt consolidation home loan. At Dominion Finance, we understand the challenges you may face in managing various loans, and we are here to shed light…
Many Australians are feeling the squeeze from the RBA interest rate rises. As a homeowner, it’s important to be proactive and implement strategies to minimize the effects of rising interest rates. In this blog post, we will discuss some practical tips that can help you reduce the impact of interest rate increases and manage your…
When it comes to managing your home loan, it’s essential to explore every available avenue to save money and reduce interest payments. One such tool that can make a significant impact on your financial situation is an offset account. In this blog, we will delve into the concept of offset accounts, how they work, and…
Are you in the market for a new home and feeling overwhelmed by all the financial jargon? Well, you’re not alone! Buying a home is one of the biggest investments you’ll ever make, so it’s important to know what you’re getting into. One aspect that often gets overlooked is the various fees, costs and charges…
With interest rates on the rise, many homeowners are feeling the pressure on their finances. Over the previous two years, we have enjoyed ultra-low interest rates. As we haven’t had a cash rate hike since November 2010, these increases may be scary, particularly for new borrowers, however, the current cash rate is nothing extraordinary. That…
When it comes to applying for a home loan, your borrowing power is an important consideration. This refers to the amount of money a lender is willing to loan you based on your financial situation. Many factors can influence your borrowing power, including your credit score, income, and debts. In this blog, we will look…
Why pay off a mortgage early? One of the most common reasons to pay your home loan off early is to reduce the total cost of your mortgage. For every extra dollar you pay in advance, is a dollar that will not accrue additional interest, ultimately, keeping your overall loan term down and saving you…