A recent ACCC report on the residential mortgage pricing of five major banks between 9 May 2017 to 30 June 2018 found that opaque discretionary pricing inflated borrowers’ costs (including their time and effort) to discover better offers, directly impacting their enthusiasm to shop around.
Housing affordability the best it’s been since 1999: HIA
Great news for home buyers – housing affordability is the best it’s been since 1999, according to new data released by the nation’s peak housing and building body.
What the cash rate cuts mean for other areas of your finance
Whenever the Reserve Bank of Australia (RBA) changes the official cash rate we all hear about how it will impact home loans. But it affects many other areas of finance and the economy, which we’ll look into today.
How to welcome a baby into the family and stay on budget
Welcoming a baby into your family is one of the most joyous occasions of your life. But just like anything worth celebrating (such as your wedding day or buying your first property), it’s not without its expenses.
Interested in increasing your rental returns by up to 30%?
What would you say if we told you that you could potentially increase your rental returns by up to 30% simply by ticking a box? You’d probably call us ‘barking mad’.
Is the housing market finally about to reach rock bottom?
‘Are we there yet?’ That seems to be the million dollar question on everyone’s lips. Let’s look at whether or not the property market is finally starting to stabilise, as well as when we might start seeing some positive changes in the market.
Will lenders pass on the RBA rate cut to you?
The RBA has cut the official cash rate to a new record low of 1.25%. But hang on a sec… Will lenders even pass on the cut in full? Today we’ll look at how you can make the RBA rate cut work for you.
12 reasons you should see a broker for car finance
We’ve all heard the horror stories about a mechanically-challenged friend buying a car and it turning out to be an absolute lemon! Well, the truth is that sourcing the finance for the car isn’t all too dissimilar. But here are 12 reasons why a broker can provide peace of mind.
APRA suggests banks relax key lending criteria
Here’s a bit of good news: you may be able to borrow more for your next home loan after the prudential regulator sent a letter to the banks asking them to relax a key lending criteria.
Top Hacks That Can Shave Thousands of Your Mortgage
When you’re taking out a mortgage, you’re usually making the biggest financial commitment of your life. Here are a few hacks that could potentially save you thousands of dollars.