Fixed Rates Decreasing - New data has revealed an ongoing industry-wide reduction in fixed home loan rates. Canstar’s weekly rate summary showed 168 decreases and zero increases in fixed home loans, as well as 16 decreases and 32 increases in variable rates. “This is not just one...
Australia's housing market might be on a bit of a downward trajectory, but that doesn't mean the value of your home can't buck the trend. Here are five ways you can increase the value of your property, without necessarily increasing your monthly mortgage repayments....
We've all done it. In a moment of weakness, a dodgy salesperson has persuaded us to hand over our hard earned money for a purchase we didn't really need, let alone want. Here's how to politely rebuff a salesperson's pressure tactics....
It's no secret that Australians love to travel. The thing is, we also love to own our own home. Can you do both? It turns out most people can!...
When it comes to footy, Australians love a punt – of both the kicking and betting varieties. The thing is though, one is great fun, the other can cost you thousands of dollars a year....
Rents drop in Sydney for the first time in 12 years! With a high degree of supply in the market and rents dropping across Sydney, those looking for a new home have the option to consider whether to rent or buy. Domain reported the median house price in December 2018...
Quick example to show the benefits of making additional repayments to your mortgage. Assuming a $500k P+I loan at 4.00% with a 30 year term and monthly payments the accumulated interest over the term is approx $360k. If you repaid $10 extra per month, your accumulated interest...
RBA has kept official cash rates on hold @ 1.5% at it's first board meeting of 2019. https://www.rba.gov.au/media-releases/2019/mr-19-01.html...
Banks have never scrutinised spending behaviour more, it is imperative to get your finances in order before you apply for a loan. Feel free to contact us for a chat if you would like more information on exactly what the banks are looking for and how...
The Reserve Bank of Australia has extended its record-breaking run of inaction on rates, keeping the official cash rate at 1.5% at its last meeting for this year. ...