Are Buyers Back In Power?
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 Labor victory many were expecting […]
Our Top 10 Tips for Moving House
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 and using a few tricks. […]
Why Serviceability Is the Key to an Affordable Home Loan
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 would love to have no […]
Credit Where Credit’s Due
The way banks assess you and a loan application have changed in recent years. A credit score is now something they look at as an indicator of your ability to service a loan. By following a few simple tips and getting into good habits, you can improve your score and your chances of securing that […]
Comprehensive Credit Reporting!
Comprehensive Credit Reporting, or ‘Positive Reporting’ is here. And while the banks may not be happy about sharing their customers’ information with other banks, borrowers like you stand to benefit a lot more. Comprehensive Credit Reporting is a new set of government-mandated rules for banks, where they have to share more detailed credit information […]
How to Budget Your Way to Financial Freedom!
Talk to wealthy people and you will find most have one thing in common – they know how to manage their money. And that means having a budget. Boring, right? It might sound tedious, but the reality is you won’t get ahead without spending less than you earn. Here’s our guide to budgeting so […]
Quick Tips to Pay Off Your Mortgage Faster!
Most mortgages are spread out over 25 to 30 years, but it doesn’t have to be that way. With a few simple strategies you can take years and thousands off your loan, and it’s much easier than you might think. Everyone would love to have no home loan, but a mortgage is part of […]
Kitchen Renos
When it comes to buying a house, the kitchen is one of the most important features home buyers take into consideration. If your kitchen is more drab than fab, it’s time for a spruce up. Too often when we talk about renovations it can seem overwhelming – too costly, too hard, too time consuming. But […]
The Great Australian Dream
Owning your own home used to be considered a rite of passage. Finally, you’ve left the parental nest and headed into the big, wide world, ready to stand on your own two feet and build a new life for yourself as you learn to ‘adult’. So, when did it become less of a right and more […]
Factors Affecting Our Property Prices
Mortgage approval rules are set to be relaxed to try to help the economy recover from COVID-19. But is this a good thing? To help counter the effects of COVID-19 on the economy, the Federal Government has announced plans to loosen the responsible lending laws governing the loan approval processes. The idea is to make […]