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Could rates lift off again before Xmas? Here’s how to prepare
Several of the big banks have pivoted on their rate outlook, and are now predicting rate hikes (rather than no change or a fall) this side of Christmas. It could be a cue for homeowners to plan rather than panic. After three back-to-back rate hikes earlier...
Could you spot a property scam? Spoiler alert: over 2 in 5 can’t
Property transactions involve big bucks – and that makes them a big target for scammers. With large sums of money at stake, we reveal what to look out for, and how to protect yourself from property settlement scams. Mention ‘scams’ and it’s easy to think of dodgy...
The silver lining of a cooling property market for home owners
While rising prices were the talk of the town not so long ago, the tide has started to turn, with property values beginning to soften – but it’s not all bad news for home owners. While we’re far from a market collapse, it’s only natural for home owners to be concerned...
What’s a competitive rate right now? Nearly 50 lenders offer variable rates below 6%
Great news! Homeowners can breathe a sigh of relief, with the Reserve Bank of Australia (RBA) keeping the cash rate on hold in August. But just because the cash rate is sitting tight, doesn’t mean you have to. As many as 49 different lenders are now offering...
Was your offset account flagged in the ASIC investigation?
So it turns out some mortgage offset accounts haven’t been working as intended, according to a recent investigation. Here’s how to check if your home loan offset account has actually been helping you save. Offset accounts are popular among Australian borrowers,...
How to avoid this common home buyer trap
Waiting for home prices to ‘bottom out’ before buying may seem like a smart strategy but it could work against you. Here are the risks of holding out and hoping for lower prices. It’s no secret that some of the heat is coming out of the property market. Home buyers...
Great news for buyers: property listings spike, FOMO dials down
Things are looking up for homebuyers. New listings are on the rise, and that can mean more choice and less FOMO pressure for buyers. Here’s how the shift in today’s market could benefit your homebuying plans. It wasn’t so long ago that FOMO (‘fear of missing out’) was...
The Reserve Bank may have kept rates on hold in June, but a growing number of lenders have cut their home loan interest rates. This could be your sign to review your current loan. Here’s news that should be music to the ears of Australian home owners. Despite the...
Bank of Mum and Dad: why a written agreement can make sense
With more first home buyers relying on family support to get into the market, we explain why it may be beneficial to put the details in writing if Mum and Dad offer a financial helping hand. Higher home prices are seeing more first homebuyers turn to family...
New financial year, new reasons to review your home loan
As the calendar flips over to July, now’s a good time to give your home loan a once-over. We look at five strategies that could help you save on interest and pay off your mortgage sooner. With three rate hikes already this year, and a big variation in...
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