Variable rates shift and fixed rates lift in October
October saw a flurry of home loan interest rate adjustments, with variable rates shifting up and down, and longer-term fixed-rate home loans bearing the brunt of rate rises.
Read MoreOctober saw a flurry of home loan interest rate adjustments, with variable rates shifting up and down, and longer-term fixed-rate home loans bearing the brunt of rate rises.
Read MoreEconomists are placing bets for Cup Day, and odds are home loans may have a shock in November. Inflation and the weather have started to warm again headed into summer, so now there’s a greater than none chance the Reserve Bank of Australia will hike the cash rate another 25 basis points to 4.35% – another decade high.
Read MoreNot only can NRMA insure your home, but they can now help you buy one.
Read MoreGreat news for homeowners, bad news for home buyers: Domain says house and unit prices in Australia’s capital cities will fully recover value lost in the 2022 downturn by the end of 2023 – in two months.
Read MoreAs we sink our teeth into the spooky season, a spine-tingling cautionary tale about a creature most foul and cunning, confined to the shadowy corners of your finances until it’s time to strike.
Read MoreLike many other developed nations, Australia is grappling with a housing crisis. The combination of soaring rental rates, a growing number of single-occupant households, and increasing migration levels have resulted in a severe shortage of affordable housing options, creating a supply-demand imbalance.
Read MoreUsually, the property market leans one way or another. It’s either great for sellers seeking capital gains because there’s lots of competition, or it’s great for buyers because there are a lot of homes for sale and not much demand – meaning you could grab a property with a cheaper home loan.
Read MoreTo sell or not to sell… that is the question. Generally, when it comes to investing in anything, time in the market is advised over timing the market. However, due to the seasonality of the property market, knowing the best time to sell could mean a significant difference in total returns. So have we passed that date, or is it still on the horizon?
Read MoreDespite the Reserve Bank of Australia (RBA) holding the cash rate at 4.10% since June 2023, home loan lenders continue to chop and change their interest rates, meaning new opportunities for borrowers to refinance are always cropping up.
Read MoreConfused about how a home loan works? You’re not alone. Google is full of silly and awkwardly worded questions about mortgages and the property market, so let’s have another look at some of the funniest – and get some serious expert answers.
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