The First Home Guarantee allows eligible buyers to purchase a home with just a 5% deposit, without needing to pay Lenders Mortgage Insurance. Some major changes to the scheme, coming into effect in October, could get you settled in your first home easier, cheaper and...
Switching to a new home loan might sound like a hassle. But new research shows brokers don’t just make refinancing easier, they can also help home owners secure a lower interest rate – and much more. A string of rate cuts this year has helped drive...
The clock is ticking towards the festive season, and home buyers still have a small window of opportunity to be settled in their new place by Christmas Day. The good news is that a broker can help you get there. A quick visit to the supermarket...
What is Equity? Equity is the difference between your property's current market value and the remaining balance on your mortgage. As your property's value increases and your loan is paid down, your equity grows and that equity can be a powerful tool. Many homeowners aren't aware that...
Buying a first home isn’t always easy, and first-timers sometimes miss out on a place they’ve set their heart on. But more than one-in-ten first-time buyers have missed out simply because they didn’t have home loan pre-approval. Buying a first home can be an emotional roller...
Location, location, location. Or should we say: education, education, education. New research shows homes in the catchment areas of sought-after public schools can command six-figure price premiums. Here’s why. Your home can be much more than a roof over your head. It’s also an investment that...
Home owners hoping for rate relief in July may be disappointed, but it’s still possible to score a rate cut of your own by refinancing. Despite this, plenty of borrowers are sticking to an old loan – and it could be costing them. When it comes...
Here’s some warming news for winter – first home buyers are making a welcome return to the property market. Several factors suggest the stars may have aligned to make now a good time to take that first step on the property ladder. Growing numbers of first...
Despite two much-awaited rate cuts this year, plenty of Australian households are keeping their mortgage repayments on hold – and it could see them save in long-term interest costs. 2025 is shaping up to be a much better year for borrowers than 2024! Already, we’ve chalked up...
Australian borrowers have received another reprieve with the Reserve Bank of Australia (RBA) today cutting the cash rate by 25 basis points to 3.85%. How much could this decrease your monthly mortgage repayments? This is the second cash rate cut in 2025, as the RBA attempts...