The RBA cash rate has increased again, reaching 4.60% after the Reserve Bank raised rates by another 0.25 percentage points. It is the fourth rate increase this year, adding further pressure to households with variable-rate home loans. Following rate hikes in...
Refinancing Your Home Loan: Why Now Could Be the Right Time to Review Your Mortgage If you’ve been thinking about refinancing your home loan, now could be one of the best times to explore your options. While the Reserve Bank of Australia (RBA) recently kept the...
As we step into a new financial year, there’s one financial task that could make a significant difference to your household budget: a home loan review. With interest rates, lender policies, and mortgage products constantly changing, reviewing your home loan...
If your mortgage repayments have increased over the past year, you’re not alone. Rising interest rates continue to impact household budgets across Australia, leaving many homeowners wondering if there’s a smarter way to manage their finances. The good news is that...
Home lending in Australia has tightened considerably in the past few years. As property prices have climbed and household debt has risen, lenders have become far more thorough when assessing home loan applications. Many borrowers are surprised by the number of...
If you’re a homeowner looking to reduce your interest payments and pay off your mortgage sooner, a home loan offset account might be the solution you need. In the wake of recent RBA cash rate hikes, more Australians are exploring strategies to ease the burden of...
