The Reserve Bank of Australia (RBA) has increased the official cash rate by another 50 basis points to 1.35% amid continuing inflation pressures. This is the third consecutive rate hike, and it will increase monthly mortgage repayments for many Australians. Take a look at what this means for you.
As interest rates begin to rise, some households across the country may start to struggle financially. On July 1, new changes regarding the recording of financial hardship arrangements will go into effect. Here’s what you need to know.
Attention all new home buyers! We’re just days away from 35,000 first home buyer scheme spots becoming available on July 1st. This is an incredible opportunity for those looking to buy their first home, and we want to help you be as prepared as possible. Here’s how to get ahead of the pack and make the most of this incredible opportunity.
The First Home Buyers Scheme: How To Get Prepared So You’re Ahead Of The Competition Read More »
Australia’s banks have tightened their lending criteria for both investment and owner-occupied loans. This means that borrowers will need to demonstrate stronger financial capacity to qualify for a loan. In this blog post, we’ll explore how this might affect your next property purchase.
Everything You Need to Know About DTI Ratios and How Banks Use Them Read More »
The RBA has warned that more interest rate hikes are on the horizon, which might be leaving you feeling a little uneasy and anxious about your financial situation. However, there are steps you can take to make yourself feel more in control, including refinancing your mortgage or asking your current lender for a better rate.
How you can take control of the uncontrollable rate increase now. 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.
