Just like the festive season arriving laden with gift-wrapped presents, the RBA's decision to keep the cash rate steady is like finding a beautifully wrapped present under the Christmas tree for Australian homeowners. This pause in rate hikes, especially after a year of increases, is a welcome relief amidst the…
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Mortgages: Latest News
Congrats to our December Winner — Kim 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 Kim, and…
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The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.35%. The decision to maintain the cash rate follows the release of data last week which showed the annual inflation rate had fallen to 4.9% for the year to October 2023.
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As we're on 2025, the Australian housing market continues to capture significant interest from homeowners, investors, and economic analysts. Despite various economic challenges, the market shows resilience and growth, especially near Queensland cities such as Rockhampton. This article will discuss the trends, predictions, and potential opportunities in the Australian housing…
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Do you have any idea what a home loan really ends up costing over the life of a mortgage? Thanks to the interest paid over an average 30-year loan term, the figures are eye-watering. Our lead article closely inspects the figures and delves into the simple yet incredibly effective strategies…
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Congrats to our November Winner — Nitin 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 Nitin, and they've…
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As a homeowner with a mortgage, changes to the cash rate by the Reserve Bank of Australia (RBA) can have a direct impact on your pocket. The cash rate is a critical factor in determining the interest rate you pay on your loan. When the RBA decides to increase the…
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Following four consecutive monthly pauses, The Reserve Bank of Australia (RBA) has raised the official cash rate by 0.25% to 4.35%. The decision to increase the cash rate follows the recent release of higher than anticipated September 2023 quarter inflation numbers.
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The dynamic subject of refinancing frequently comes to the fore. It is important to proceed cautiously when refinancing if you are looking to link your current loans or intend to get a better offer. When done wisely, refinancing can result in significant savings. But if you make common mistakes, it…
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The property market, which is currently on the rise, can be compared to a well-choreographed dance. It requires precise timing, careful planning, and a smart strategy. As a first home buyer, it's understandable if you have limited experience in the market. However, with the right knowledge and strategies, you can…
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