The Reserve Bank of Australia (RBA) has met for the first time this year and decided to keep the official cash rate on hold. Flat economic data for the last quarter of 2018 will most likely motivate the RBA to leave them unchanged for some time. Meanwhile, several banks have announced out-of-cycle rate changes – […]
November is an exciting month as the Spring Racing Carnival kicks into high-gear and we begin the countdown to Christmas. It’s an exciting time for property buyers too, as auction clearance rates continue to slide, and sellers struggle to get their price in the spring property market. Interest Rate News At its November Melbourne Cup […]
As expected, the RBA kept the official cash rate on hold again at its November Melbourne Cup Day meeting. Forecasters are predicting no rate rises until late 2020 and don’t rule out the next move being a rate cut, considering declining home prices. However, despite auction clearance rates falling below 50% in most markets during […]
As expected, the Reserve Bank of Australia (RBA) decided to leave the official cash rate on hold at 1.5% at their July meeting today. This month, it’s all good news for home owners and those in the market for a new loan! Next month (August) will bring us to a record breaking two year period […]
We hope you are embracing the arrival of winter and enjoying the cool change. In recent weeks we’ve seen conditions for property buyers improving, with fewer homes reaching the reserve price at auction and values trending downwards in many markets. During the colder months, there are usually fewer buyers doing the rounds, so there could […]
Did you know that your mortgage broker can help you with a lot more than a home loan? Mortgage brokers are qualified as “credit advisors”, so we can be of great benefit to you in a variety of different ways when it comes to your finances. To start you thinking about maximising your financial goals […]
We hope that you and your family enjoyed a fantastic Christmas and New Year! With the summer holidays in full swing, auction activity in our property markets around the country has been a little quiet as home buyers forgo the open inspection circuit in favour of the beach. So this month let’s do a review […]
When it comes to smart money management, the key to success is to regularly assess your financial position – and that includes taking a good hard look at your mortgage. Here’s why refinancing every three years may help you save, and why you should check in with us today to ensure your home loan is […]
If you’ve been putting all your extra cash into your home loan, well done. Paying your loan off sooner could potentially save you a lot of money on interest. However, owning a safe and reliable car is just as important, particularly if you have a family or need to travel a distance to work. So […]
Making a fresh start in a new family home is an exhilarating experience. Maybe you’ve just welcomed a new addition to the family (congratulations!)? Perhaps your kids have moved out, so it’s time to downsize? Maybe you’re craving a change of scenery, or you’ve scored a fantastic new job and now’s the time to upgrade […]
Whether you are buying your first home, your next home, refinancing, investing, purchasing assets or commercial property, entering the property market is exciting. However, it can also be daunting, with so many elements at play and your life savings on the line. Now more than ever, borrowers are relying on the professional expertise of mortgage […]
Happy New Year! We hope you enjoyed the break and Santa was kind to you and your family this Christmas. Are you ready for another fantastic year in our property markets? As the Reserve Bank of Australia will not meet until the first Tuesday in February for its initial rate meeting for 2017, there is […]
