With millions of Australian homeowners likely to be slugged with higher mortgage repayments due to the cash rate hikes, there’s one question on everyone’s lips. Is now a good time to refinance? While it depends largely on your individual situation and goals, there are mounting reasons why refinancing should be on your radar. At the […]

One of the things lenders take into consideration when assessing your ability to repay a loan is your credit report. As part of the loan application process, they’ll assess your financial history, including any previous credit applications you’ve made and any payments you may have defaulted on. If you’re in the market to buy a […]

Another month, another cash rate rise. The Reserve Bank of Australia (RBA) increased the cash rate to a six-year high of 1.85 per cent in August, prompting some lenders to increase their variable rates by 0.5 percentage points. Meanwhile, nationally home values are falling at the fastest pace since the 2008 global financial crisis (GFC). […]

If you are buying your first home, getting your head around home loan terminology can be tricky. Two acronyms you may come across are loan-to-value ratios (LVR) and debt-to-income ratios (DTI). Recently there have been important changes to DTI ratios that could affect your borrowing capacity. Here, we’ll run through what these terms mean and […]

Building your own home can be one of life’s most rewarding milestones. Not only does a new build have the potential to save you money, but it also gives you the opportunity to design the home you’ve always wanted with all the latest fixtures and fittings. You can also plan your finances with confidence, knowing […]