Mortgage Focus August 2019

It’s been an exciting few months in the property world, with plenty of chatter about a potential market rebound. Back-to-back interest rate cuts, looser lending conditions and increased confidence following the May federal election have seen buyers returning to the market. In July, five of the eight capital cities recorded a slight rise in dwelling […]

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Rates on hold at 1.0% August 2019

The RBA has decided to keep the official cash rate on hold at 1.0%. The cash rate remains at its lowest level in Australian history. The RBA’s recent decisions have prompted plenty of movement in interest rates amongst the big lenders. Some have passed on sizeable reductions in variable rates, while others have been slammed […]

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How do your living expenses affect your borrowing power?

You may be surprised to discover that how much you spend on day-to-day living can considerably reduce the amount you are eligible to borrow, even if you are a high-income earner. So, if you’re planning to buy a home, it may be time to cut back on some of life’s little luxuries and set yourself […]

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Tips to build your own home

Here’s an overview of what’s involved if you’re considering building a new home for the first time. What’s your budget? The first step to building a home is deciding what you can afford to spend. When buying a home that’s already built, determining how much money you need is quite straightforward. However, it’s not so […]

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Property investor profiles – what type are you?

In Australia, it’s possible for just about anyone with a deposit to invest in property, whether you are a low-income earner on a tight budget, or a well-off with loads of disposable income. Interest rates are very low at the moment and home prices are more affordable than they’ve been for a while. So, if […]

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Mortgage Focus July 2019

Great news for homeowners and property buyers this month. Home loan interest rates have fallen again. If you’re in the market for a home or want to invest in property, now is a good time get pre-approval on a competitive home loan. Interest rate news At its July meeting, the Reserve Bank of Australia (RBA) […]

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Second historic rate cut to 1% – July 2019

As anticipated by market analysts, the Reserve Bank of Australia (RBA) cut the official cash rate for the second month in a row, bringing it to just 1% pa – a new historic low. RBA Governor Philip Lowe said last month “the possibility of lower interest rates remains on the table” and many analysts expect […]

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Make the most of the EOFY 2019 car sales

Are you looking for a fantastic deal on a car purchase? Organise your car loan with us now and you’ll be in a good position to save at the end-of-financial-year (EOFY) car sales! You can expect to see some exceptional deals before the EOFY, as car dealers will be rushing to clear their stock and […]

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Historic low interest rate – 1.25% for June 2019

Great news for homeowners and borrowers! At its June meeting today, the Reserve Bank of Australia (RBA) cut the official cash rate to just 1.25% – the lowest level in Australian history. Analysts widely predicted a rate cut would follow hard on the heels of the Federal Election and during May, many lenders started to […]

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May 2019 rates on hold at 1.5%

At its May meeting today, the Reserve Bank of Australia (RBA) decided to keep the official cash rate at 1.5% – despite speculation from economic analysts that there may be at least one, or possibly two RBA rate cuts by the end of this year. However, it seems the RBA has elected to wait until […]

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4 ways to avoid risk when buying property this autumn

It may be a buyer’s market, but when property prices are falling, buyer confidence often goes with it. However, the possibility of paying too much is not the only risk a home buyer or property investor can face when market conditions are undergoing significant change, as they are now. In this article, we outline some […]

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Why #choicematters for all Australian home buyers

You may have heard the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has made some recommendations about changing how mortgage brokers get paid. There’s been a lot of noise in the media, so we thought it might be a good idea to update you about what’s going on and how […]

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