Why Lender Care Your Debt-To-Income Ratio

Why Lender Care Your Debt-To-Income Ratio

Why Lender Care Your Debt-To-Income RatioData 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,...
Banks Are Tightening Lending for Borrowers

Banks Are Tightening Lending for Borrowers

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...
Car Prices Gone Up Since the Pandemic Started

Car Prices Gone Up Since the Pandemic Started

The pandemic has reshaped numerous aspects of our lives, not least of which is the automotive market. Car prices have seen a significant surge since the pandemic started, affecting both new and used vehicles. Understanding this trend is crucial for potential buyers...