Latest Blog
What you need to know about having an offset account
15 August 2023
Among the strategies to pay off your home loan faster and save money long term, a mortgage offset account is one of the more attractive options. An offset account is another bank account which, rather than earn interest on any savings, reduces the amount of interest on your monthly loan
Read moreWhat is mortgage stress and how can you manage it?
8 August 2023
With the double whammy of rising cost of living pressures and the Reserve Bank significantly lifting official interest rates to combat inflation, many thousands of homeowners are struggling to make their monthly or fortnightly mortgage repayments. A broker can help to ease the pain and anxiety of mortgage stress with
Read moreServiceability buffer and what does it mean?
1 August 2023
In these times of greater cost of living pressures coupled with higher interest rates, those looking to obtain housing finance or refinance their existing loan can face a stricter test from lenders to secure that mortgage. Lenders are required to examine a borrower’s ability to repay a loan at a
Read morePROPERTY INVESTORS EXITING THE MARKET
26 July 2023
The number of property investors exiting the property market is increasing. A combination of factors is contributing to this trend, including: Massive interest rate increases over the last 12 months Onerous tenancy laws Increase in property land taxes Low rental returns (%) Holding cost inflation such as insurances, rates, etc
Read more