Timely Updates

Now that Australia’s banking regulator has lowered the lenders’ borrowing buffer, more people should be able to borrow more funds to buy their new home. For the last few years Australia’s banking regulator, APRA, has required lenders to use a minimum 7 per cent interest rate when assessing a new

With the uncertainty of tax changes gone, a lessening of borrowing restrictions, and a new scheme to help first home buyers –  coupled with two interest rate drops – it looks like things are swinging back into the borrowers’ favour. The election result took most of us by surprise. The

The most exciting thing about getting a new mortgage is moving into a new home. What’s less exciting is the actual move itself. With these tips we can’t promise you it will be fun, but they should make things a lot easier. The key is planning ahead, having a strategy

When you’re looking for a new home loan, the question is not, ‘How much can I borrow?’ Instead you should be asking, ‘How much can I afford to repay?’ This key factor is one of the ways lenders work out the size of your loan, and it’s called ‘serviceability.’ Everyone