Mortgage Brokers Brisbane Gold Coast
Buying a home is one of life’s biggest milestones — but for many, the journey comes with a lot of new terms and costs to navigate. One term that often catches people off guard is Lenders Mortgage Insurance, more commonly known as LMI. Whether you’re a first-home buyer or considering an investment property, understanding LMI […]
Everything You Need to Know About Lenders Mortgage Insurance Read More »
In a widely expected decision, the Reserve Bank of Australia (RBA) has opted to keep the interest rates unchanged at 4.10 per cent. Announced on April 1st, this move aligns with market predictions and follows a 25-basis-point reduction in February, which marked the beginning of the first rate-easing cycle in over four years. Leading economists
No Surprises as RBA Holds Interest Rates Steady at 4.10% Read More »
A recent study by Great Southern Bank reveals a growing trend among Australian parents who are turning to property investment to strengthen their financial future. The research found that nearly half (48%) of investors are “mum and dad” homeowners who still carry a mortgage, while 14% are rentvestors—individuals who rent their primary residence while investing
How Australian Parents Are Using Property to Build Wealth Read More »
With interest rates starting to decline, Australian homeowners are jumping at the opportunity to refinance their mortgages in search of better deals. The Reserve Bank of Australia’s (RBA) decision to cut the cash rate in February 2024—marking the first rate reduction in four years—has fueled a surge in refinancing activity. Major lenders, including Westpac, have
Refinance Boom: Homeowners Rush to Secure Better Mortgage Deals Read More »
As Tropical Cyclone Alfred approaches, ensuring the safety of your home is a top priority. Beyond immediate preparations, homeowners should also consider the financial impact of severe weather on their mortgage, property value, and insurance coverage. Protecting Your Home Before the Storm Homeowners and Mortgage Considerations After the Cyclone Your home is one of your
Cyclone Alert: How to Protect Your Home and Financial Well-Being Read More »
The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points, lowering it from 4.35% to 4.10%. This marks the first rate drop in four years and signals a shift in monetary policy after a prolonged period of stability. The decision comes as inflation continues to decline. The Consumer Price
Lower Interest Rates Are Here—What’s Next? Read More »
The property market is shifting, offering new opportunities for first-time buyers. After 22 months of rising national median property prices, December saw a decline, signaling a potential change in conditions. If you’re planning to purchase your first home, there are several government assistance programs available to help you get there. State and Territory Grants Most
How to Buy Your First Home: A Guide to Government Assistance Read More »
The start of a new year is a great time to reassess your financial situation and set new goals. One of the biggest mistakes homeowners make is treating their mortgage as a “set and forget” commitment. But the truth is, as the market changes and your financial circumstances evolve, your home loan may no longer
Is Your Mortgage Still the Best Fit? 5 Signs It’s Time to Refinance Read More »
As the Reserve Bank of Australia’s (RBA) upcoming cash rate decision looms, the mortgage market is already abuzz with movement. Macquarie Bank has taken the lead, reducing its fixed rate on selected loans in a move that could spark a wave of competition among lenders. Effective from January 21, Macquarie Bank has trimmed its one-
Fixed Rate Shake-Up: What Borrowers Need to Know Ahead of the RBA Meeting Read More »
Natural disasters are becoming a significant challenge for homeowners worldwide, with rising insurance costs and increasing risks threatening to reshape the property market. The recent devastating wildfires in Los Angeles provide a stark reminder of the growing financial burden posed by climate change and extreme weather events. The wildfires ravaging Los Angeles have caused unprecedented
Is Insurance the Next Big Challenge for Homeowners? Read More »
