The Commonwealth Bank has just announced an increase of its three-year fixed rate for owner-occupiers. If you’ve been thinking about fixing your interest rate, it could be high time to do so. I do not typically write about specific banks Read more…
Commonwealth Bank of Australia (CBA) has released their quarterly update of the Australian Consumer Financial Wellbeing Report. The report established that the financial wellbeing of the average Australian was up by 7.8% over the past year. The average financial wellbeing Read more…
Lately property prices have been increasing to unbelievable heights, making homeownership seem like a distant dream for many. And while property prices are looking scary at the moment, it may surprise you that a new report has shown that these Read more…
Earlier this year, property prices across the country climbed at an incredible rate. With many houses going for way above asking price. While this steady increase has reduced housing affordability for many, CoreLogic says that these record-breaking increase rates have Read more…
The property market is hot, meaning housing affordability is getting tougher. So how much does the average Australian household need to put towards their monthly home loan repayments in the current market? Let’s take a look. The recent property market Read more…
Lenders are always cautious about who they approve for mortgages. So, when someone with a frequent, stable and high income such as a medical professional exists, they will do all they can to entice these types of lenders as they Read more…
More than a third of Australian homeowners are currently looking to make the most out of the recent boom in property prices by selling their homes. But how do you add value to your property and get it ready for Read more…
Australia’s housing market is on the cusp of a boom according to Commonwealth Bank.
Consumer sentiment is on the up, confidence in the housing market is surging and the number of experts tipping a Melbourne Cup Day cash rate cut is increasing. Let’s look at why we have that optimistic sentiment: The magic of Read more…
You must have heard in the news that ‘responsible lending laws’ are set to be scrapped early next year. Rest assured though; you’ll still be able to borrow responsibly. Let us explain how: The federal government’s plan to scrap the responsible Read more…
