Time to jump in? First home buyer deposit saving times plunge.
Home loan headlines have been a bit of a downer of late. But the good news is that first-home buyers are now reaching their deposit goal faster. First home buyers…
Just like the hot air balloons in Cappadocia, interest rates are still on the way up! RBA hikes cash rate for eighth straight month to 3.10%
The Reserve Bank of Australia (RBA) has driven the cash rate up by another 25 basis points to 3.10%. Find out how much this final cash rate hike of the…
Hold your horses: RBA hikes cash rate again to 2.85%
Whoa, Nelly! The Reserve Bank of Australia (RBA) has lifted the official cash rate again, this time by another 25 basis points to 2.85%. How much will this rate rise…
RBA hikes the cash rate for fifth straight month to 2.35%
As sure as hot air rises, so did the Cash Rate today! The Reserve Bank of Australia (RBA) has hiked the official cash rate by another 50 basis points to…
Interest rates to keep climbing as RBA hikes cash rate to 1.85%
The Reserve Bank of Australia (RBA) has increased the official cash rate by another 50 basis points to 1.85%. Here’s how to hang in there and keep up with all…
Home loan refinancing numbers are surging across the country, here’s why
Rising interest rates got you feeling a little vulnerable? It might be time to take some control back by refinancing or asking for a rate review. Here’s why we’re seeing…
ATO Scrutiny on capital gains and rental property income
Investors beware: the Australian Taxation Office (ATO) has revealed the four key areas it will be targeting this tax year, and rental property income/deductions and capital gains are high on…
First home buyer alert! Purchase price caps increase for 5% government deposit scheme!
From the 1st of July 2022, first home buyers with a deposit of just 5% will soon have more purchasing power thanks to an increase in property price caps for…
What is debt-to-income ratio? And why do lenders care about it?
APRA (aka the lending watchdog) reveals almost one in four new mortgages are risky. How are they deemed risky? Well, it’s got something to do with your debt-to-income ratio, which…
Fixed rates on the rise, as CommBank tips a June cash rate hike
Hold onto your hats, things are about to get a little bumpy. Economists from Australia’s biggest bank are predicting the Reserve Bank will raise the official cash rate as early…