In the wake of 13 consecutive cash rate hikes through 2022 and 2023, many aspiring homeowners and current mortgage holders have been left feeling uncertain. You might be concerned about whether your dream of owning a home has been temporarily derailed. Perhaps you’re questioning how competitive your current interest rate is, or what steps to […]
6 key questions to ask your mortgage broker Read More »
With hundreds of thousands of mortgages rolling off fixed rate terms and property owners facing the mortgage cliff as they jump to higher variable repayments, a lot of investors are wondering whether now is a good time to refinance. Reserve Bank of Australia (RBA) data shows there will be 450,000 mortgages coming off fixed terms in 2024.
When should you refinance an investment property? Read More »
Purchasing your first home is an exciting milestone, but the challenge of saving 20% for deposit – particularly if you’re also paying rent and navigating cost-of-living pressures – can feel like an impossible mission. However, it’s important to not lose sight of your dream of home ownership, as there could be alternative options available to
What is Lenders Mortgage Insurance? Read More »
It’s been a busy start to autumn, with property prices reaching a new record high. Despite last year’s interest rate rises and the general cost-of-living crisis, property prices continue to creep higher in many markets. CoreLogic data shows prices rose 0.6% in March. In Sydney, the median property value is now $1.07 million. That’s up 8 per cent
April Market Update Read More »
Getting ready to buy a home starts with saving for the deposit. It might seem challenging, but with a solid strategy, you can make it happen. Here are several things to consider to get you started and on track for homeownership sooner than you think. Check your current financial situation Ok, this one seems a
Your guide to save for a house deposit Read More »
Are you in the market for a new set of wheels? The good news is that used-car prices are largely continuing to fall, while new car prices have dropped 3.5% since their peak in December 2022. COVID-induced supply chain issues have well and truly eased, and in some markets, like the US, an oversupply of
What to expect from the car market this year Read More »
If you’re struggling to cover your mortgage repayments and other living expenses, you’re not alone. Data by Roy Morgan revealed that more Australian homeowners were “at risk” of mortgage stress over the three months to January than ever before. If you’re wondering how you’ll afford your next mortgage repayment, here are some tips for getting on top
5 tips for getting on top of your mortgage repayments Read More »
Autumn has arrived, and what better season to turn over a new leaf with an exciting new property purchase? At its latest meeting, the Reserve Bank of Australia (RBA) decided to keep the cash rate on hold. Economists are increasingly anticipating a rate cut later in the year. Property values are still on the rise.
March 2024 Market Update Read More »
It’s been a great start to the year for homeowners, with the Reserve Bank of Australia (RBA) keeping the cash rate on hold. Inflation continues to ease, and the prospect of a cash rate cut by the RBA is looking more and more likely later in the year. In other news, the housing market upswing
Welcome to our February Newsletter Read More »
In 2023, the cashback craze was on steroids. Lenders vying for refinancing business were offering sweeteners of $5,000 or more to borrowers who switched over their home loans. However, the wind forwards the clock to 2024 and the landscape is vastly different. Fewer and fewer lenders are offering cashbacks, and those who have reduced the
Is the refinance boom over? Read More »
With access to over 40 lenders, we use our knowledge of the market to negotiate the right loan for you, with the best terms and conditions.
