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 […]

The upsides and downsides of home loan debt consolidation

All your debts in one basket – Why home loan debt consolidation could be the right move. A lot of small debts can balloon into one big headache. A simple way to get things under control could be to refinance your home loan to consolidate debt. So – is it right for you? What it […]

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 […]

Thinking of getting a new car? Here are three tips to improve your profile with the lenders

Don’t apply for loans with multiple lenders to get the best rate, this will negatively impact your credit score – we can assess your profile against multiple lenders without impacting your credit file. If you own a vehicle, trade it in or add a deposit to put towards your loan. If possible wait until your […]

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 […]

RBA holds cash rate at 1.5% yet again

The Reserve Bank has kept the official cash rate at a record low 1.5 per cent for a 32nd straight month, as widely anticipated by economists. The decision at Tuesday’s April board meeting means the cash rate has not moved in 32 months. The rate, which reflects what the central bank charges commercial banks on […]

Some Common Home Buying Blunders

Your home is likely to be the biggest purchase you make, so it’s something you want to get right. Mistakes can be stressful and costly. Here are the biggest ones buyers make and some tips to help you avoid them. 1) Letting your heart rule your head. It’s often easy to be dispassionate about an […]

RBA announces March cash rate

In its second announcement of the year, the Reserve Bank of Australia (RBA) has announced that the official cash rate will remain on hold at 1.5% In a statement the RBA said the central scenario is still for the Australian economy to grow “by around 3% this year”. Speculation around the decision has intensified over […]

First Cash Rate in 2019 Announced

The Reserve Bank of Australia (RBA) has made its first cash rate announcement of 2019, at a time when most of the industry is still concerned with the fallout from the Royal Commission report. To no surprise, the rate has remained on hold at 1.50%, where it has stayed since August 2016. While RBA governor Philip […]

How to negotiate on price and knock out the competition

All’s fair in love and war, and the same might be said for negotiating with real estate agents. Whilst you want to get the best possible deal on your purchase, the agent is responsible for getting the best possible price for their client – the vendor. Depending on how long you have been looking, you […]

We only invest one hour of our time on the biggest investment of our lives – Avoiding the Money Pit

The typical home purchaser spends around 90 hours over 6 months browsing the internet, researching websites, visiting real estate agencies and inspecting no less than a dozen properties. However, we only spend a little more than one hour inspecting the home we eventually purchase. Not surprisingly, many of us discover ‘hidden problems’ after the settlement. […]

Some Questions to ask when downsizing

• When is the right time? • What is the right location for me? • How much will you save and how much will you spend? • What should I keep and donate? • How much space do I need? • What type of property is right for me? • What items will I need […]