The Reserve Bank of Australia – the organisation in charge of Australia’s monetary policy – has had a new change in leadership. Former RBA governor Philip Lowe has been replaced by long-time deputy governor Michele Bullock, who assumed the role on 18 September 2023. She is the first woman to become governor of the RBA.
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Whether you’re a first home buyer or looking to refinance, searching for a home loan can get a bit samey. It’s easy to think that once you’ve seen one home loan, you’ve seen them all, with some changes in rates and eligibility.
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With Sydney’s property market now in the top 10 most unaffordable cities globally, doing your homework on homebuying is more important than ever.
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Fixed home loans are no longer out of the market – at least, according to the Mozo database.
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A $900,000 home will get you pretty far in most places in Australia.
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With yet another pause in the cash rate, borrowers may be wondering if their home loan interest rates will remain static. However, some recent changes by two of the big four - NAB and Westpac - show that both fixed and variable rates can have adjustments up and down.
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Spring property season is usually the busiest time of year for home sales. Not only are there more properties on the market, but there are more home loan deals and auctions to wade through. However, with some simple preparation, home buyers can certainly make hay while the sun shines.
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Despite dire predictions for the economy, Australia's housing market has rebounded to a staggering $10 trillion at the end of August, marking the first instance of hitting this double-digit value since June 2022, according to recent CoreLogic research.
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Spring property season is usually the time of year when home buyers see more listings hit the market. But some of those listings can come with an…unusual character.
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Are you in the market for a property and have questions about how much money you’ll need for a $750,000 home loan?
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