You’ve been saving. Watching the market. Getting your hopes up… and then comes the announcement: The Reserve Bank of Australia (RBA) has cut the official cash rate to 3.85%. If you're a first home buyer, your first thought might be: “Great — does this mean I can finally buy?” But...
“How Much Can I Borrow?” vs “How Much Should I Borrow?”
As a first home buyer, one of the first questions you’ll likely ask is: “How much can I borrow?” But a better question to start with is: “How much should I borrow?” What you can borrow Banks assess your borrowing power based on your income, expenses, debts, dependants, and credit...
Home renovation on a tight budget
Ever scrolled past a stunning home renovation on Instagram and wondered, "How are they affording that?" You're not alone. With cost-of-living pressures hitting hard across Australia, it can feel impossible to find the extra cash for anything beyond the basics – let alone a full-blown kitchen upgrade or bathroom overhaul....
What the RBA Rate Cut Means for You
For the first time since November 2020, the Reserve Bank of Australia (RBA) has cut interest rates, dropping the cash rate by 0.25 percentage points to 4.1%. After a tough few years of relentless rate hikes, this news comes as a breath of fresh air for mortgage holders. But what...
Essential Home Loan Features That Could Save You Thousands
When diving into the world of home loans, many first-time buyers overlook features and get laser-focused on one thing: interest rates. And while landing a low rate sounds like the ultimate win, there’s so much more to consider. Choosing the right home loan is about more than just a number—it’s...
Future-Proof Your Home Loan
Life has a funny way of surprising us in the future—both in the best and most challenging ways. Your finances, much like your plans, often take the brunt of these surprises. From unexpected interest rate hikes to major milestones like growing your family or switching careers, your home loan should...
Wrapping Up 2024: What a Year for the Property Market!
As we close the chapter on 2024, it’s safe to say it’s been another fascinating year for the Australian property market. From record-breaking price growth in some cities to a shifting rental landscape and evolving buyer activity, this year has kept homeowners, investors, and renters on their toes. As mortgage...
Your Settlement Day Survival Guide
Settlement day marks the final step in your property journey—the day the property officially becomes yours! While it’s an exciting milestone, it can also feel a little daunting if you’re not sure what to expect. That’s why we’ve put together this survival guide to help you prepare and ensure everything...
Make Your Offer Stand Out in a Competitive Property Market
Buying a home is an exciting milestone, but in today’s competitive property market, it takes more than just enthusiasm to secure your dream property. In fact, PropTrack data shows that almost 60% of suburbs nationwide have seen an increase in views per listing on realestate.com.au compared to last year. This...
Home Loans Perks For Medical Professionals
If you’re a medical professional dreaming of owning your own home, there’s good news. Lenders love working with people like you, and it’s not just because you help keep the rest of us healthy. They know that your job stability and earning potential make you a pretty safe bet. So,...