Repeated cash rate hikes have put many first home buyer plans on hold. So could you swoop in and reap the benefits with less competition in the market? In case you missed it, from May to December the RBA lifted the cash rate from 0.10% to 3.10%. This has no doubt hit many mortgage holders …
First home buyer numbers have halved: is it time to swoop in? Read More »
The Reserve Bank of Australia (RBA) has driven the cash rate up by another 25 basis points to 3.10%. Find out how much this final cash rate hike of the year has increased your mortgage repayments in 2022, and what you can expect in 2023. The good news? This is it. You can head into …
Are we there yet? RBA hikes cash rate for eighth straight month to 3.10% Read More »
Inheritances can be a bittersweet part of life. But an inheritance alone won’t always cut it when applying for a home loan. Having genuine savings can help show lenders you’ve got what it takes to meet mortgage repayments. With many older Australians having accumulated a decent amount of wealth throughout their years, it’s not uncommon …
Where there’s a will (and genuine savings), there’s a way Read More »
What’s more important: your new phone or your next home loan? Well, we were stunned to see a recent survey that showed Australians put more effort into researching phone plans than they did their home loan. Here’s how we can help you get the balance right. More than 70% of Australians say they’re more likely …
Your new phone or your home loan? What would you research more? Read More »
For many Australians, rate hikes and inflation have made the dream of property ownership feel ever more distant. But a recent analysis shows that meeting mortgage repayments could actually be cheaper than renting for more than a third of Australian properties. Look, we get it. Often the biggest obstacle in the way of home ownership …
Buying could be cheaper than renting for a third of properties Read More »
Whoa, Nelly! The Reserve Bank of Australia (RBA) has lifted the official cash rate again, this time by another 25 basis points to 2.85%. How much will this rate rise increase your monthly mortgage repayments, and when are the hikes expected to stop? Dubbed the “rate that stops the nation”, today’s Melbourne Cup RBA board …
Hold your horses: RBA hikes cash rate again to 2.85% Read More »
You may have heard that property values are on the decline. But what does this mean if you’re planning to refinance? We’ll discuss how falling housing prices may affect your refinancing application and what you can do about it. With the rising cost of living and climbing interest rates, you may be looking to refinance …
With property prices dropping, is now the time to refinance? Read More »
You’ve bought a home. And now you might be considering adding an investment property to your portfolio. But have recent interest rate hikes cooled your heels? We’ve outlined reasons why now may still be a good time to buy. To buy or not to buy, that is the question. There’s no denying that rolling rate …
Is now a good time to buy an investment property? Read More »
Nurses, midwives and other important healthcare professionals can now qualify for a lenders mortgage insurance (LMI) waiver policy. Here’s how it could save them thousands and fast-track their journey into home ownership. Are you a nurse or a midwife? Or do you know someone who is? There was a pretty big announcement recently that allows …
The Reserve Bank of Australia (RBA) has hiked the official cash rate by another 25 basis points to 2.60%. How much will this rate hike increase your monthly mortgage repayments, and when will it kick in? It’s hard to believe that at the beginning of May the cash rate was just 0.10%. Today it was …
RBA lifts cash rate for the sixth month in a row to 2.60% Read More »