Entries by admin

The Upside of Being Pre-Approved

If you’re house hunting, chances are you’ve got every new property listing alert set up to reach your inbox the second it’s listed. You’re probably chasing agents and spending your weekends running from opening to opening. It’s an exciting experience but can be daunting. After all, buying a house is one of the largest investments […]

Reserve Bank cuts cash rate to record low of 1 per cent

The Reserve Bank (RBA) has slashed official interest rates again – the first time in 11 years it has cut in consecutive months – in another attempt to revive the sluggish economy. The RBA cut the official cash rate from 1.50 per cent to 1.25 per cent at its June meeting, and despite expectations it […]

Bridging Loans

Finance to buy your new home before the old one is sold Many, if not most, homeowners find their new dream home before they are able to sell their current one. Unfortunately, finding that home and finding the funds to purchase it are two very different things. In a perfect scenario, we would all be […]

Interest Rate cut to an all-time low of 1.25%

The Reserve Bank has cut the official cash rate for the first time since August 2016. This is what the new record low means for you. The historic move was announced by RBA governor Phillip Lowe this afternoon, ending weeks of frenzied speculation. The announcement means the cash rate will be slashed by 25 basis […]

How Your Credit Score May Affect Your Loan Application

When you’re making big financial decisions, such as applying for a personal loan or even simply switching telco providers, it’s important to understand the impact your credit score has and how it’s in turn affected. Creditors and lenders sneak a peek at your credit score and credit report before they approve (or sometimes deny) your […]

No Change! RBA keeps the rate the same

While economists have been divided on whether a cash rate cut was to be expected this afternoon, the odds for an alteration ahead of today’s meeting were the highest they’ve been since the rate last moved in August 2016.  However, the Reserve Bank of Australia has announced that the rate will remain on hold at […]

Buying in Partnership

How would you like to double your deposit and double your income to buy your first property? Sounds pretty good doesn’t it? That’s the reason why many young homebuyers are now working together with a partner, friend or relative to break into the property market. Although there are some excellent benefits to entering a property […]