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Tag: 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.

July 14, 2022July 14, 2022Buying, First Home Buyers, Newsworthy

Single and under 30? You’re a great fit for the 5% deposit scheme

Here’s how to secure one of the highly coveted 35,000 scheme spots spots in the federal government’s 5% deposit first home buyer scheme released on July 1.

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 […]

July 1, 2022July 1, 2022First Home Buyers, Newsworthy

Want a first home buyer scheme spot? Here’s how to get the inside lane

We’re just days away from 35,000 first home buyer scheme spots becoming available on July 1. If you’re keen to snare a place in the scheme – and buy your first home sooner – here’s how to get ahead of the pack.

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 7, 2022June 7, 2022Newsworthy

RBA increases cash rate for second consecutive month, to 0.85%

The Reserve Bank of Australia (RBA) has increased the official cash rate by 50 basis points to 0.85%. How much extra should you expect to pay on your home loan?

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 3, 2022May 3, 2022Newsworthy

RBA increases cash rate to 0.35% amid high inflation concerns

The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points to 0.35% amid high inflation concerns and has signalled more cash rate increases will likely follow.

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