Home loan question: Do children lower your borrowing power?
When a lender looks at your home loan application, one of the main things they look at is your borrowing power.
Why now could be the best time to refinance your home loan
The last year has been wild – between Reserve Bank rate hikes, plummeting property prices, and cost of living pressures, many borrowers have copped it at all angles. Not to mention we’re rapidly approaching the fixed-rate mortgage cliff – yikes.
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Big Four Banks hike home loan interest rates despite RBA Pause, so is now a good time to refinance?
Despite the April RBA pause, Westpac and CBA have raised interest rates on several home loan offerings. While the increases are relatively small compared to the 0.25% and 0.50% hikes that have become the norm in the last 11 months, they still indicate the banks expect rates will stay higher, or go higher, in the next few months.
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Homebuyer question: What do I look for when inspecting a house?
House inspections are a necessary part of the home buying process—after all, you want to know what you’re buying. However, there’s more to inspections than taking in the looks of the new place you’re thinking of purchasing.
Fixed home loan expiring soon? Here’s what you should consider
The Reserve Bank’s continuing push with interest rate hikes has brought into focus the dilemma that borrowers now face in choosing their home loans.
As property prices hold, home loan research is even more crucial
National home prices rose for a third consecutive month in March, as limited supply and strong demand continue to hold up the property market, according to the PropTrack Home Price Index.
April home loans snapshot: Rate hikes may be drawing to a close
The Reserve Bank’s relentless rate hike campaign — which commenced in May last year and has brought the cash rate to its highest level since 2012 — may finally be coming to a close.
Meet the killer home lender stealing bank borrowers in droves
Home borrowers looking to lower the cost of their mortgage are increasingly switching to smaller, low-cost lenders right now, and one rival lender has unveiled a refinance home loan that is sure to send a stampede of savvy switchers their way.
UBank helps out homeowners with $5,000 cashback offer
UBank has long been a favourite for cost-conscious Aussie borrowers looking to save on their home loans. Its stellar range of low-cost loans are even more attractive with their generous limited time cashback offer.
Will the RBA hike the cash rate in April 2023? CBA, ANZ, NAB, and Westpac home loan predictions
It’s been nearly one year since the Reserve Bank of Australia began raising the cash rate to curb inflation, taking us from 0.10% in May 2022 to 3.60% in March 2023. Many economists agree we’re approaching the end of this tightening cycle, as the economy has shown signs of contraction. But has the RBA gone far enough in its crusade to slow the economy?