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Getting on the housing ladder is hard enough. With Australian house prices rising again, the amount first home buyers need to borrow to enter the market is once again increasing. But imagine if you are trying to convince the bank to lend you money when you don’t have a stable Read more…

We’ve all heard of financial scams over the internet in recent years – maybe even been victim to them – and most will be aware that attempts to defraud people out of their hard-earned cash are on the increase. What we may not know is how sophisticated these ‘fraudsters’ are Read more…

With house prices starting to rise again and interest rates still climbing, buying your first home still seems a long way away for many Australians. For those who were born overseas and have migrated here in recent times it can be even more difficult, as many of the incentives given Read more…

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. In just two months we’ve seen the Reserve Bank of Australia (RBA) increase the Read more…

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? This week ANZ lowered a key lending cap, indicating it will no longer lend to borrowers with a debt-to-income (DTI) Read more…

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. This is the first RBA cash rate hike since November 2010, and the first time the cash rate Read more…

The chances of the Reserve Bank of Australia (RBA) lifting the official cash rate on Tuesday just increased dramatically after figures showed the cost of living jumped 5.1% over the past year – the highest annual increase in more than 20 years. Economists around the country say the unexpectedly high Read more…

First home buyers with a deposit of just 5% will soon have more purchasing power thanks to an increase in property price caps for the highly popular Home Guarantee Scheme. Most capital cities will get a $100,000 boost to their property price cap from July 1, while regional areas around Read more…

It’s the hope that kills you. Just ask Carlton fans, NSW Blues supporters, Wallabies sufferers, and hopeful homebuyers who have fallen victim to underquoting. Obviously, you can’t change your footy team, but you can follow these tips to avoid the sketchy real estate practice. If it hasn’t happened to you, Read more…