Are the days of ultra-low fixed interest rates over? It’s looking increasingly so, with two major banks increasing their fixed rates this week. So if you’ve been thinking about fixing your mortgage lately, it could be time to consider doing so. Do you know how when one tectonic plate shifts, Read more…
Almost 33,000 Australians bought their first home four years sooner thanks to two federal government schemes that give first home buyers a leg up into the property market. Could you, or someone you know, be eligible? We love a feel-good news story around here. And hearing that so many first Read more…
Some borrowers will soon find it harder to get a mortgage after the banking regulator announced tougher serviceability tests for home loans. So who will they impact most? The Australian Prudential Regulation Authority (APRA) will increase the minimum interest rate buffer it expects banks to use when assessing the serviceability Read more…
There is reason to believe there is a home loan crackdown coming with the federal treasurer stating that “carefully targeted and timely adjustments” may be necessary to avoid troubled waters. You may be wondering what could a potential lending crackdown look like? Our home loan brokers have the answers. Latest Read more…