With the property market cooling in many parts of Australia, many people may be wondering if now is a good time to buy as either a first-home buyer or investor. Australia’s median property price fell 3.4% in the August quarter, according to CoreLogic, which could be either good news or bad depending on your perspective. … Continue reading “Five Reasons Why This Might Be A Great Time To Buy”

The Reserve Bank of Australia (RBA) today increased the cash rate for the seventh month in a row. The cash rate increased from 2.6% to (2.85%?). Australians are feeling the pinch as interest rates rise across the board. Whether paying off a mortgage or saving to purchase property, the cost to service a loan is … Continue reading “6 tips to save money as cash rate rises again”

The Bureau of Meteorology has warned there is a 70% chance of La Niña returning this spring. The bureau’s three-month climate outlook shows a high chance of above-average rainfall for most of the eastern two-thirds of the Australian mainland between September and November. “With wet soils, high rivers and full dams, and the outlook for … Continue reading “Weather bureau warns homeowners of “elevated flood risk””

The silly season is fast approaching. Are there some renovations you want to get done beforehand? Talk to us about getting your finance sorted.

Lenders mortgage insurance is a fee some borrowers pay if borrowing more than 80% of the purchase price. It protects the lender if you can’t pay your loan. Speak to us to find out ways you can avoid having to pay it.  

There is no set amount you need, and it depends on a number of factors including how much you want to borrow. A good goal is at least 20% of the total amount you plan on spending on the property to help avoid paying lenders mortgage insurance, but some lenders will accept less in certain … Continue reading “How big does your deposit need to be?”

In a widely anticipated move, the RBA increased the official cash rate by 25 basis points to 2.60% at today’s board meeting. Call us today to see how that affects you 1300 765 411☎️  

Getting pre-approval for your home loan can give you an understanding of your borrowing power and confidence your lender is satisfied with your preliminary application. It means it is time to get out there to find your home. To help you on your way, here is a quick overview of what your pre-approval means. The … Continue reading “The ins and outs of pre-approvals”

The cash rate has been increased by the Reserve Bank of Australia (RBA) for the fourth month in a row from 1.35% to 1.85%. Since the RBA’s first increase of the cash rate from its record low of 0.1% in May, we have seen interest rates for both variable and fixed home loans increase across … Continue reading “As the cash rate climbs, should you fix your home loan?”