Ever wondered why your friend, work colleague, or family member has a better home loan interest rate than you?
Here are just some of the top reasons that could affect your home loan rate. Credit Score: Individuals with higher credit scores often qualify for lower interest rates. Lenders view them as lower-risk borrowers, leading to more favourable loan terms. Loan-to-Value Ratio (LTV): Borrowers who have a larger deposit or more equity in their property […]