As we emerge from the hibernation of winter months, I hope you're feeling spring in the air in your hood. Are you looking to refinance soon? With most lenders looking at your last three months of financial activity to access your ability to repay a loan, we've got some hints…
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In the ever-evolving landscape of the Australian real estate market, a new challenge has emerged that's grabbed the attention of borrowers nationwide: the looming mortgage cliff. With all the interest rate hikes, and economic uncertainties casting shadows, Aussie borrowers embarked on a race to secure their financial stability. In this…
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Congrats to our August Winner — Jatin wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Jatin, and they've…
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When it comes to buying a home, securing a mortgage is a crucial step in the process. A mortgage broker can be your guiding light in finding the right loan for your dream home. To ensure you make the best decision, it's essential to ask the right questions. In this…
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For the second consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows the annual household inflation rate falling from 7% in the March quarter to 6% during the June quarter.
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No two mortgages are ever identical, underscoring the importance of comparing different home loan options. Each mortgage offer comes with its unique set of fees, interest rates, features, and more. Furthermore, not all brokers assess borrowing power and risk in the same manner, resulting in varying amounts of money that…
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Congrats to our July Winner — Matt wins a $500 Good Guys voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Matt, and…
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The decision to select the appropriate home loan holds immense significance for any prospective homebuyer. Given the recent surge in interest rates in June, as part of the Reserve Bank's efforts to curb inflation, finding the right loan has become more critical than ever. It's important to bear in mind…
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The Reserve Bank of Australia (RBA) today announced the decision to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows a better-than-expected trend in inflation nationally in last month’s CPI report.
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Australia's financial landscape is marred by an escalating predicament—a growing number of households find themselves ensnared in the confines of mortgage prison, with the recent surge in the official interest rates being transmitted to these burdened individuals. But what does this notion of mortgage prison truly entail? How extensive is…
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