Every year around this time, conversations about whether to refinance start to pop up more often. As the year winds down and everyone begins thinking about what they want next year to look like, it is completely normal to take a closer look at your finances and wonder if there...
Upgrading or Investing? What to Consider Before Using Equity
When the equity in a first home starts to build, it is common to face a major decision: is it better to upgrade to a more desirable home, or invest in a second property? Both choices have clear benefits, but each comes with different financial implications and long-term impacts. For...
How to Use Equity to Buy an Investment Property
If you’ve owned your home for a few years, there’s a good chance you’ve built up a little something called equity, and it might just be the most powerful (and overlooked) tool for growing your wealth. While rising property prices and cost-of-living pressures make saving for a second deposit feel...
How Interest-Only Home Loans Work for Investors in Australia
In the world of property investment, every dollar matters. That’s why many investors choose interest-only home loans. These loans allow you to pay just the interest for a set time, which keeps your repayments lower. With the extra cash flow, you can manage renovation costs, expand your property portfolio, or...
Leveraging Your Home Equity for Property Investment
Want to build wealth but not sure where to start? It might surprise you to learn that your home equity may be the key. Leveraging its equity not only secures your property but also opens avenues for substantial investment opportunities, paving the path toward an enriched financial future. Deciphering Equity...
Cracking the Credit Score Code for Your Dream Home
Planning to buy your first home is an exciting milestone, but it’s common to encounter some obstacles along the way. One significant factor that can impact your ability to secure a home loan is your credit score. If you find yourself in a situation where your credit rating isn’t ideal,...
Unlocking SMSFs for Investment Property Success
In today's world, financial independence and control are highly valued. Enter self-managed super funds (SMSFs), a game-changing tool that empowers individuals to shape their financial future and take charge of their retirement savings. One exciting way SMSFs are changing the landscape is by offering the opportunity to purchase investment properties. With SMSF...
When will interest rates go down?
The Reserve Bank of Australia caused few surprises when it lifted the country’s official interest rate by 25 basis points to 3.35% in February. After all, annual inflation jumped by 7.8% over the December quarter, according to the Australian Bureau of Statistics. That’s not just a 32-year high; it’s also...
Should you buy in a falling market?
Spring is in the air. Alongside the warmer weather comes what is traditionally the busiest season of the year for Australia’s property markets, with listings numbers and buyer activity usually significantly higher than during the winter months. This spring season will be very different from the previous two years, with...
Your borrowing capacity is falling right now – but you can fight back.
You’ve no doubt heard that interest rates are rising. Over the past few months, the Reserve Bank has been increasing the cash rate, taking it from a record-low 0.10% in May to 1.85% in August, with further increases all but certain. As the Reserve Bank has been increasing the cash...