How to compare home loans and features

Which home loan is right for you? How can you tell when there’s so many different lenders, loan types and features to choose from? How can you compare loans properly when you’re not sure what you should be comparing? Finding the right home loan for your situation is a process that can be confusing, particularlyContinue reading “How to compare home loans and features”

July 2021 RBA Decision

As expected, the Reserve Bank of Australia (RBA) has held the official cash rate at 0.10 per cent, retaining a record low streak. To view the official RBA statement from today, please visit the Reserve Bank’s website. This decision was what most experts were predicting, in line with the RBA’s forecast that it would likely holdContinue reading “July 2021 RBA Decision”

A homeowner’s guide to refinancing

With a home loan it’s easy to just ‘set and forget’. But it’s sensible to review your home loan every two to three years or so. We’re living in a world of rapid change, where interest rates can go up and down, new lenders emerge, and more competitive products become available so keeping the sameContinue reading “A homeowner’s guide to refinancing”

Get your budget under control

Getting your budget under control and your finances in order is essential to anyone looking to apply for a home loan, but it’s particularly important for first home buyers about to take the first step on the property ladder. Now the end of financial year has arrived and you’re getting all your paperwork together forContinue reading “Get your budget under control”

Five ways to fund a Renovation

Considering transforming your home from ‘banal’ to ‘brilliant’, but lack the funds to support your makeover? Never fear, we’ve rounded up five home renovation finance options that could help turn your dream into reality. 1 Equity Release / Top Up Home Loan This is probably the most common way people borrow money when they wantContinue reading “Five ways to fund a Renovation”

Welcome to our June Newsletter

As the winter property season and end of financial year (EOFY) are upon us, the Australian property market would usually slow down during the cooler months, but experts say with current buyer demand and low interest rates, we are in for a stronger-than-usual winter season. Interest rate news The Reserve Bank of Australia (RBA) decidedContinue reading “Welcome to our June Newsletter”

Government Incentives

The federal government has made an announcement that could help you achieve your home ownership goals sooner than you thought. Here’s some useful information about the latest updates. First Home Loan Deposit Scheme expansion and increased price caps10,000 additional places will be available under the FHLDS from 1 July 2021. The federal government have also increasedContinue reading “Government Incentives”

June 2021 RBA Cash Rate

The Reserve Bank of Australia (RBA) decided to keep the official cash rate unchanged at 0.10 per cent at its meeting today. To view the official RBA statement, please visit the Reserve Bank’s website. At its previous meeting, the RBA confirmed that the final date for drawings under the Term Funding Facility is 30 June 2021.Continue reading “June 2021 RBA Cash Rate”

Discharged from bankruptcy and wanting a home loan? There is hope.

Recovering from bankruptcy can be a long and difficult process. And even when you’ve been discharged or completed a debt agreement, some lenders will automatically decline your application for a home loan because of the history. However, there is good news. Some lenders look at things a little bit differently to others. Well-established non-bank lendersContinue reading “Discharged from bankruptcy and wanting a home loan? There is hope.”

How to pay off your home loan faster

Your home is probably the biggest purchase you will make in your life- it can feel like a 30-year long marathon. There are some simple ways to cut years off your mortgage, which we share in this article so you could become mortgage-fee sooner than planned. Small Extra Repayments One of the most obvious waysContinue reading “How to pay off your home loan faster”