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Category: Affordability

Climber on rock wall
August 2, 2022August 3, 2022Affordability, Interest rates, Newsworthy

Interest rates to keep climbing as RBA hikes cash rate to 1.85%

The Reserve Bank of Australia (RBA) has increased the official cash rate by another 50 basis points to 1.85%. Here’s how to hang in there and keep up with all these monthly cash rate hikes.

Review your home loan Interest rate
July 4, 2022July 12, 2022Affordability, Family, Interest rates

Concerned about rising interest rates? We have options for you.

As the current and speculated interest rate rises hit the news, we […]

June 30, 2022July 1, 2022Affordability, Family, Newsworthy

Financial hardship arrangement reporting is about to change

With interest rates on the way back up, there’s no doubt some households around the country are starting to do it a bit tough. Coincidentally, some big changes kick in on July 1 when it comes to recording financial hardship arrangements.

June 16, 2022June 24, 2022Affordability, Newsworthy, Refinancing

Refinancing numbers are surging across the country, here’s why

Rising interest rates got you feeling a little vulnerable? It might be time to take some control back by refinancing or asking for a rate review. Here’s why we’re seeing refinancing numbers surge across the country.

June 2, 2022June 2, 2022Affordability, Buying, Newsworthy, Refinancing

Banks tighten lending, reducing the maximum you can borrow

Some of Australia’s biggest banks have tightened their mortgage lending criteria, meaning you might not be able to borrow as much from them. How might this affect your next purchase?

May 19, 2022May 20, 2022Affordability, First Home Buyers, Newsworthy

The two major parties’ first home buyer policies explained

Housing affordability is one of the key battlegrounds ahead of the federal election this Saturday. So what is each of the two major parties proposing to help first home buyers crack the market? Let’s take a look.

May 12, 2022May 24, 2022Affordability, Newsworthy

Ready for lift-off: how to prepare a buffer for more rate rises

Rate rises are a bit like taking off in a plane. Sure, it’s a bit nervy, but so long as you’ve run through your pre-flight check, have a well-serviced aircraft, built-in some contingencies (a buffer!), and have a handy co-pilot (us!), you should reach your destination no worries.

March 31, 2022March 30, 2022Affordability, Buying, First Home Buyers, Newsworthy

Budget winners: first home buyers, regional buyers, single parents

First home buyers, regional buyers and single parents keen to crack the property market are the big winners in this year’s federal budget – with 50,000 low deposit, no LMI scheme spots up for grabs. 

March 24, 2022March 27, 2022Affordability

16 ways the government should tackle housing affordability: report

Think property prices have gone a little bonkers? You’re not the only one. Which is why a report with 16 recommendations to tackle housing affordability has just been plonked on pollies’ desks in Canberra. Today we’ll run through them for you (succinctly, we promise).

December 2, 2021December 2, 2021Affordability, Buying, Family, Newsworthy

FOMO factor: more Aussies looking to buy with mates or siblings

Ever thought about buying a property with a friend or family member? You’re not the only one. The rising cost of property and FOMO has led to more than a quarter of Australians considering buying a property with a ‘non-traditional’ partner.

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