When Was the Interest Rate on Your Home Loan Last Cut?

When Was the Interest Rate on Your Home Loan Last Cut?

Although the official cash rate has dropped multiple times since Jan 2020, your mortgage may not have been so lucky. The Reserve Bank’s rate cuts aren’t the only factor that lenders consider when reviewing the interest rates on home loans. Whether they pass on the...
What Should I Look for In A Mortgage Broker?

What Should I Look for In A Mortgage Broker?

With so much choice in the market these days, you might be wondering how on earth you’ll find a good mortgage broker. Check out our tips, and you’ll be on the right track. Clear communication Signing up for a home loan is a pretty serious step. A good...
What Happens When You Use Equity to Buy a Property?

What Happens When You Use Equity to Buy a Property?

Once you have equity in your home, you can use it to build your personal wealth. The trick is to know how to use it wisely. How to build (and use) home equity Home equity is the difference between what your home is worth and what you owe on your mortgage. Your home...
House Deposit Savings: How to Get There

House Deposit Savings: How to Get There

No one said saving for a deposit on a home is easy. There’s a lot to consider and many factors come into play, but it’s something you can achieve with a little time and careful planning. How much do I need for a house deposit? As a rule of thumb, you...