Ready to dive into the exciting world of home buying? We've got you covered with our comprehensive guide to understanding the costs of buying your home. From upfront expenses to ongoing costs, and even those sneaky fees that are often overlooked, we'll help you navigate the process of buying your...
Latest Finance News
Should I consider refinancing my home loan?
Interest rates in Australia are continuing to rise, leaving many homeowners struggling to keep up with monthly mortgage repayments. So much so that some may consider refinancing to help alleviate rising costs. While there can be sizeable benefits, it is not a one-size-fits-all solution. Let's dive into the pros and...
Unlock your business’ potential: Top tips for securing finance.
There often comes a time when securing finance for your business is a necessary step towards goals and growth. Here are our top tips for getting the best deal for you and the best outcome for your business. 1. Determine your business’ financial needs. Unsurprisingly, the first step involves determining...
Five must-ask questions for your mortgage broker
Whether you’re looking to buy for the first time or are already a homeowner, finding a trusted and knowledgeable mortgage broker to secure the right home loan for your needs is crucial. The application process can be overwhelming, so make the most of your broker’s expertise by asking them the...
The Rise of Rental Rates
Australian rental rates surge in Q1 2023 A recent report from CoreLogic shows a sharp rise in Australian rental prices for the first quarter of 2023. The Quarterly Rental Review has identified an overall increase of 2.5% in the rental market, compared to the 2% growth in the previous quarter. The increase...
Don’t give up on your home ownership dreams just yet
An alarming 72% of Australians between the ages of 18 and 34 have given up the dream of home ownership, according to a survey by the Sydney Morning Herald. Overall, 63% of Australians believe homes have become unaffordable for young people, compared to 57% a year ago. And 49% of...
How to get a home loan when you’re a business owner
If you’re not an employee, it may be more difficult to get a home loan. Home loan lenders may think there’s more risk involved because your income may be unpredictable or irregular. Also, it may be harder for them to verify your employment. Consequently, some mortgage lenders will demand a...
WIN your mortgage paid for a MONTH!
Living expenses and mortgage repayments starting to bite? We've got you covered. Imagine not having to pay your mortgage for a month! For the month of March, you could win your monthly mortgage repayment paid by NMC Finance (up to $5,000*). Simply enter in any of the following ways: Refer...
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 your business buy new or used equipment?
Your business needs to invest in reliable machinery and equipment so it can grow. But with economic headwinds building, you might be considering buying second-hand equipment the next time something needs replacing. There are pros and cons to this approach. On the one hand, used equipment is generally much cheaper....