Insights
4 tips for self-employed home loan applications
February 1, 2024
Applying for a mortgage when you’re self-employed may have you jumping through more hoops. But it needn’t deter you from getting into the property market. Here are 4 tips to help you apply for a mortgage like a boss. Being your own boss sure has its advantages: the flexibility of setting your own hours, building…
First home buyers charge back into the market
January 25, 2024
Hats off to Australia’s first home buyers! The latest lending data shows they’re refusing to let last year’s rate hikes and rising property values dampen their goal of buying a home. Here are five tips to help you buy your first home in 2024. You’ve gotta hand it to first home buyers in the current…
How your deposit size can shape the rate you pay
January 18, 2024
It’s commonly known that the bigger your deposit, the smaller your home loan, and thus, the lower your monthly repayments. But today we’ll look into another way your deposit size could reduce your repayments: by potentially reducing your interest rate. A question we’re commonly asked (believe it or not!) is “how can I get a…
The pros of having a mortgage broker on your side
January 11, 2024
What exactly can a mortgage broker do for you? Well, we don’t mean to toot our own horn, but we can make your home loan journey a whole lot easier, letting you focus on the fun part: planning for your new home! The words “home loan application process” can strike fear in the hearts of…
5 New Year’s resolutions for your home loan
January 4, 2024
Thought of a New Year’s resolution yet? Or perhaps you’ve broken one already? Either way, check out our list of possible mortgage goals for 2024 – try one, or have a go at them all – to save a bundle in the year ahead. It’s that time of year when Aussies love to set resolutions….
Merry Christmas! Season’s greetings from all of us to you
December 21, 2023
The year has flown past, and as our thoughts turn to trees, tinsel and turkey, we’d like to thank all our fantastic clients for your support throughout 2023. It’s been quite a year, with higher interest rates, soaring national property values (who’d have thought?) and a few welcome surprises including more help for first-home buyers….
Ho ho ho! The smart move that has 1 in 10 borrowers feeling jolly
December 14, 2023
Home owners have been battling rising interest rates for over a year and a half now. But a new report reveals the important step some savvy borrowers are taking to rein in higher rates and swap “oh no!” for “ho, ho, ho!”. It’s no secret that refinancing has the potential to slice a big chunk…
What’s tipped for house prices in 2024?
December 7, 2023
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 2023, let’s take a quick…
More lenders sign up to low deposit first home buyer scheme
November 30, 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, with an uptick in the…
How to manage your home loan over Christmas
November 23, 2023
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 lined with tinsel, ‘Santa stop…
The big stretch: should you extend your loan term?
November 16, 2023
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. Will the RBA’s latest 0.25%…
RBA increases the cash rate by 25 basis points, up to 4.35%
November 7, 2023
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 cash rate being on hold…