If buying a home is at the top of your wish list for 2024, don’t miss our rundown on how the property market has fared in 2023 – and why the new year is shaping up as potentially another big year for real estate. As we turn the page on…
The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.35%. The decision to maintain the cash rate follows the release of data last week which showed the annual inflation rate had fallen to 4.9% for the year to October 2023.
First home buyers with a small deposit now have an even wider range of lenders to choose from. We reveal the latest banks to join the 5% deposit scheme that’s helping more buyers get into the market sooner. First home buyers have just received an early Christmas gift, of sorts,…
Do you have any idea what a home loan really ends up costing over the life of a mortgage? Thanks to the interest paid over an average 30-year loan term, the figures are eye-watering. Our lead article closely inspects the figures and delves into the simple yet incredibly effective strategies…
It may be called the silly season but a few smart strategies could help you enjoy the festive season this year without missing a beat on your home loan. Check out our tips to share the Christmas cheer this year without breaking the bank. Store shelves are starting to be…
If the November rate hike will seriously stretch your finances, one potential solution may be to extend your loan term. It can ease the hip pocket pain by lowering monthly repayments. But taking more time to pay off your mortgage can come with hidden downsides. Here’s what to weigh up.…
Congrats to our November Winner — Nitin wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Nitin, and they've…
The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points, taking it to 4.35%. So just how much will this year’s Melbourne Cup day rate hike increase your monthly repayments? Some more tough news for mortgage holders around the country today. Despite the official…
Following four consecutive monthly pauses, The Reserve Bank of Australia (RBA) has raised the official cash rate by 0.25% to 4.35%. The decision to increase the cash rate follows the recent release of higher than anticipated September 2023 quarter inflation numbers.
Mortgage brokers have notched up a new personal best, with seven out of every 10 new mortgages settled thanks to their help! It’s a sure sign that mortgage brokers are delivering the goods when it comes to helping Australians move into their dream homes. In the nine months to 31…