Category: Money

Matthew Wai Will renting always be ‘dead money?’ Or will owning a property always guarantee you a constant appreciation? With a fluctuating market and climate, we can never be certain about these variables. However, in this article, we will help you make your decision-making easier by emphasizing the advantages of the two different methods. Owning a property: 1.     Property value rises in the future Although property prices may not climb significantly in the short-term, the value of your property will most likely rise in the long-term. This is, however, highly dependable on the features of your property, such as...

Matthew Wai Are you a homeowner looking into purchasing another home or an investor wanting to capitalise on the gains of your properties? Regardless of your position, if you are one of the individuals mentioned above, you may want to look into ‘refinancing’ your home loan. First of all, what is refinancing? Refinancing is a process where a new loan is implemented to replace the old loan with a better rate, ultimately saving more money with each repayment. This can either be done by negotiating with the lender for a new contract or contacting a mortgage broker in discovering...