How to save a first home deposit in just over a year
It’s taking young couples roughly five years on average to save for a 20% home loan deposit, according to new research. Want to hear something crazy, though? We know how to quarter that timeframe… Real talk: it’s never been tougher to save up a deposit for your first home. In Sydney the average timeframe is […]
RBA increases cash rate to 0.35% amid high inflation concerns
This is the first RBA cash rate hike since November 2010, and the first time the cash rate has […]
Australia is building the biggest houses in the world once again
We dream big in Australia. So it’s little surprise that when the Great Australian Dream becomes a reality it means bigger houses than anywhere else in the world, according to a new report.
How do you compare: how much of your pay goes to your mortgage?
The property market is going through a boom phase, which means housing affordability is getting tougher. So how much does the average Australian household need to put towards their monthly home loan repayments in the current market? Let’s take a look.
How long do you have to snap up a property in the current market?
You open up the real estate app on your phone, scroll through a few listings, and then there it is: the home of your dreams, ‘added 1 hour ago’. So just how long do you typically have to act in this hot market?
Digital transformation: how does your business compare?
How well placed is your retail business when it comes to its digital transformation? Today we’ll look at some of the ways your competitors might be complementing their bricks and mortar stores with online empires.
Want to switch home loans? Here are ASIC’s top tips for refinancing
With interest rates at record low levels, we’ve seen a big increase in homeowners wanting to refinance this year. So this week we’ll look at some of ASIC’s top tips for refinancing, plus some of our own for good measure.
Is it cheaper to buy or rent your next home? You might be surprised
While it might feel like property prices are skyrocketing out of reach, the majority of Australian homes are actually cheaper to buy than rent over the next decade, according to a new report.
How much extra will your mortgage cost when interest rates rise?
After 18 straight RBA cash rate cuts it can be easy to dismiss the notion that interest rates might rise again. But if the cash rate returned to mid-2019 levels, how much extra would an average new mortgage holder expect to pay each month? Let’s take a look.
How a mortgage broker gets paid and why…
In most cases a mortgage brokers client do not pay for their services. So how do we get paid? We are paid by the lender that we refer our clients to. We are most often paid 2 fees – an upfront fee and a second fee that is usually referred to as a trailing commission. […]
