If you're anything like my Instagram or Facebook friends (and even my real life friends!), chances are high that you've either just returned from a winter break, you're about to leave on one or you're planning something fabulous to escape the cold and explore the world. I love everything about holidays and really love to see that our freedom to explore has returned and [...]
Last week, with the release of the March Consumer Price Index, economists started predicting that there would be interest rate rises this year. This is in direct contradiction to their previous predictions that there would be cuts this year - which we've all been holding our breath waiting for. The truth is that we don't know and we won't know until the RBA meets [...]
If you're diligently saving and keeping your eye on the market, we're here to cheer you on, keep you motivated and ready to get that all important pre-approval as soon as you say the word. If you're very content in your current home, we love that! Keep your eye on interest rates and let's see if we can get you a better deal when [...]
It can be hard work to find the right mortgage for your circumstances. So where do you start? Firstly, decide what “right” means for you. Do you want flexibility to make additional repayments or security of the same repayment every month? Do you want an offset account or just the bare minimum features at the cheapest rate? Consider your long term objectives. Are you [...]
Whether it’s your first mortgage or your tenth, you need to understand what you’re getting yourself into because: a. it’s probably the highest value contract we’ll ever have besides the contract to actually purchase the property b. it’s probably the contract with the longest time period that you’ll ever sign (other than your marriage certificate) So what do you need to know? Firstly [...]
Real estate agents are reporting that they've seen a big increase in the number of properties listed in the last three months. Surprisingly, many of them, particularly in Brisbane and Hobart, have only been in the hands of the current owners for less than three years. Many are being sold by first home buyers and investors. Sadly this is one of the impacts of [...]
If you have a mortgage, you're going to well and truly be feeling the impact of these interest rate rises that we're currently experiencing. But if you don't have a mortgage and you're hoping to buy soon or if you're planning to upgrade your home and increase your mortgage, the rising interest rate will have an impact on your borrowing capacity that you [...]
It can be hard work to find the right home loan for your circumstances. So where do you start? 1. Firstly, decide what “right” means for you. Do you want flexibility to make additional repayments or security of the same repayment every month? Do you want an offset account or just the bare minimum features at the cheapest rate? 2. Consider your long term [...]
There are lots of answers to this question, and I’m a little biased, but the main reason is that we don’t have a preference over where you borrow your money from - we’re more concerned with matching the loan to YOUR needs. When you go to your bank, they have a great knowledge of the products they’re offering. They know their limits, their guidelines [...]
The first thing to do when interest rates rise is to stay calm. It's OK. We've got you. Rates increases are inevitable - especially after over eleven years of status quo with record lows and no increases from the RBA. So yesterday’s increase of 0.5%, taking the base rate to 0.85% is no surprise. Economists are predicting that the cash rate will rise to [...]
