Blog

Last issue I mentioned that fixed rates are up. But variable interest rates are low. The trend continues with more and more banks putting their fixed rates up. Variable rates are now also up by 0.25% p.a. after the Reserve Bank decision in May 2022. The flow on effect has… Read more

Since we’ve gone back to work after the summer holidays, I seem to have been asked one question more than any other. “Is it time to fix my home loan interest rate?” The reason clients are asking this is that we are seeing fixed interest rates at more than 1%… Read more

First Home Buyers, have just received a great piece of news – the First Home Loan Deposit Scheme (FHLDS) has had more places added and a number of reserved spots that were not acted on in 2020 will be freed up so that they can be claimed again. Recent Australian… Read more

Thanks to changes by APRA (The Australian Prudential Regulation Authority) the lenders have a responsibility to ensure you can afford the loan repayments as well as your living expenses. As such they may have to really dig into your personal finances before they can approve you for a loan and… Read more

Over the last 18 months or so, we were being told ‘no’ for a lot more home loan applicants than usual because the banks were forced to use a high ‘assessment rate’ on both new home loan lending and existing lending not being refinanced. When you apply for a loan,… Read more

Whether you are a real estate rookie or an old hand at investing, staying up to date on the latest trends can be tough. The market is constantly changing and monitoring its moves takes time and commitment.   Fortunately, there is no shortage of resources to help you along the… Read more

June 2019 rate cut – Why did the Reserve Bank cut the cash rate? On 4th June 2019, the Reserve Bank announced the cash rate would be reduced by 0.25% p.a. to a record low 1.25%p.a. The basis of this decision was to support employment growth and to attempt to… Read more