Is Now the Right Time to Refinance Your Home Loan? Australia’s borrowers have a reprieve as the RBA holds the cash rate steady in April 2025. With one decrease in the last 15 months since a .25% increase, the cash rate is what it was in June 2023 at 4.1%. Inflation has fallen substantially since…
Is Selling Off-Market Right For You? Navigating the property market can be a daunting experience, especially for first-time homebuyers. Between the endless open houses, bidding wars and sleepless nights, the dream of owning your home can quickly turn into a stressful nightmare. But what if there’s a lesser-known route that has the potential to save…
5 Things to Think About Before Becoming a Guarantor Many aspiring first home buyers have a hard time saving a big enough deposit to buy a first home in Australia. One way around this problem is to get financial support from their parents, who can act as a guarantor for their home loan. If you’d…
Could Climate Change Impact House Prices In Australia? It’s not hard to imagine how far reaching the effects of global warming are on our natural environment. Just consider for a moment some of the recent extreme weather events here in Australia: from heat waves and droughts to flash flooding and bush fires, Australia has certainly…
Are You Being Penalised For Sticking With Your Lender, paying lazy tax? From electricity bills to phone plans, car insurance through to home loans, sticking with the same provider year after year could mean you’re paying “lazy tax”. Lazy tax is the penalty many consumers and homeowners are paying as a result of being complacent,…
Are You Saving More and Spending Less? The financial impact brought by the pandemic lingered for many individuals and households. Some people maintained the cautious approach to spending and saving that they adopted during the height of the pandemic in 2020 and beyond. The lessons learned during the pandemic about the importance of emergency savings…
Mortgage Interest Rate Rises and Refinancing Tips Aussie homeowners facing yet another cash rate hike in November 2023 are understandably concerned about the impact that rising interest rates will have on their mortgage repayments. Going from a low of 2.85 percent a little more than a year ago to a new high of 4.35 percent,…
Now May be a Good Time to Refinance Your Mortgage Refinancing could be a solution for Australian homeowners looking to save money in 2024. Data from the Australian Bureau of Statistics (ABS) shows that as of August 2023, a massive $407M for owner-occupied home loans and $136M investment property worth of home loans were refinanced…
Book Your Home Loan Review As your biggest expense, keeping track of your home loan and any changes to the market or your situation makes good financial sense. An annual home loan review could lead to significant savings, give you access to better home loan features, or let you tap into your home’s equity to…
How to Navigate Interest Rate Rises As Australian household budgets are stretched further by yet another interest rate rise, some homeowners are looking at ways to cut discretionary spending, while others are considering refinancing their home loans and shifting to lenders offering better deals. With further rate rises likely, now may be the right time…