Your interest rate will save you money, but an effective Mortgage Strategy will create wealth?
Our Managing Director Dave Johnston and Mike Mortlock of MCG Quantity Surveyors discuss the top 5 mortgage strategies for Australian Property Investor magazine.
There is always a great rate out there, you don’t need to be an expert in mortgages to know that 4.01% is higher than 4.00%. You do need someone in your corner to ensure that your mortgage strategy incorporates –
- Optimising tax deductions
- Holding property as you accumulate
- Money management
- Risk management strategies
- Offset accounts……….which greases the wheels of most of the strategies!
Also, read David’s article for Domain “Five mortgage strategies that can grow your wealth“