Data from the lending watchdog reveals that almost one in four new mortgages are risky. How are they deemed risky? It’s got something to do with your debt-to-income ratio or DTI. Your DTI might sound complicated, but it is simple to work out. Your DTI is a...
Australian homeowners are loading up their offset accounts in record amounts, so much so that the average household is now almost four years ahead on their mortgage repayments. Seeking advice from a mortgage broker can further optimize the benefits of offset accounts...
In today’s dynamic real estate market, the collaboration between your mortgage broker and real estate agent is more crucial than ever. This partnership is pivotal in navigating the complexities of home buying, especially for first-time buyers who may be...
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? ANZ has lowered a key lending cap, indicating it will no longer lend to borrowers...
Has rising interest rates got you feeling a bit vulnerable? It may be time to take some control back by refinancing or asking for a rate review. Why are we seeing refinancing numbers surge across the country? In just a couple of months we have seen the Reserve Bank of...
