Get A Financial Head Start On The School Year
Finding the financial head start on your finances can be a struggle. But the school holidays can offer the perfect time, especially for teachers. Get cracking on your financial to-do list these holidays by looking into refinancing your mortgage. Planning on giving your finances a boost by refinancing your mortgage? Well, you’re not alone. Following […]
What You Should Know About Buying a Tenanted Investment Property
Buying a rental property is a popular way to invest. But where do you stand if the property you’re eyeing off already has a tenant? We’ll fill you in on what you need to know. So you’re primed to expand your financial horizons and want to buy an investment property? 2023 may provide promise, with double-digit […]
First Home Buyers Plan Numbers Have Halved: Is It Time To Swoop In?
Repeated cash rate hikes have put many first home buyers 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 […]
5 Surprising Reasons For Home Loans Heartbreak
Whether it’s your love life or your home loans application, no one likes getting rejected. There are many reasons why it could happen, and some can come as a big shock. So today we’ve outlined five surprising reasons to help you avoid home loan heartbreak. There are few words would-be home buyers dread more than: […]
Are We There Yet? RBA Hikes Cash Rate for Eighth Straight Month to 3.10%
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 […]
Where There’s a Will (and genuine savings), There’s a Way
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 […]
Did You Know, Buying a Property Could Be Cheaper Than Renting?
Recent analysis shows that for more than a third of Australian properties, meeting mortgage repayments could actually be cheaper than renting. For many Australians residents looking at purchasing a property, the recent rate hikes and inflations have diminished the dream of property ownership and made it feel like an unachievable goal. Often the biggest obstacle […]
The Relentless RBA Strikes Again!
The Reserve Bank of Australia (RBA) has raised the official cash rate once again! The seventh straight increase in a row entails another 25 basis points and now sees the cash rate sitting at 2.85%. Back in May the official cash rate was just 0.10%. Just last week on November 1st, it was increased for […]
Is Now a Good Time to Purchase an Investment Property?
Have you already bought a home and now considering purchasing an investment property in the very near future? Have the recent interest rate hikes made you feel hesitant? Don’t Shelve the Idea Just Yet, Now May be a Great Time to Buy. If you’ve been looking at purchasing an investment property, you may be in […]
Healthcare Professionals Qualify for LMI Waiver
Healthcare professionals including nurses, midwives now qualify for a lenders mortgage insurance (LMI) waiver policy. This allows them to fast track their journey into the homeowners’ market and save thousands in the process. With the recent announcement, nurses, and midwives (who earn over $90,000 per annum) have now become eligible to buy a home with […]