When Can We Expect Fixed Rates to Drop?The past few months have seen interest rates on fixed home loans deliver more ups and downs than a rollercoaster.As recently as April 2023, several lenders were starting to cut their fixed rates. Fast forward to July and the...
Where Homeowners Are Spending $1 Billion a MonthIn the ever-evolving landscape of the Australian housing market, homeowners are continuously finding new ways to invest in their properties. The trend of home renovations continues to surge, with Australians collectively...
Australian Homeownership Soars: Escaping Rental StrugglesDespite the soaring costs of living and successive interest rate hikes, homebuying intentions have climbed, as shown by the latest data. So why are so many people still chasing the great Australian dream? And...
Mastering Mortgage ServiceabilityMortgage serviceability can feel like a frustrating hurdle to clear, but it is an important safeguard against borrowing too much, particularly in the current interest rate landscape.It’s in the best interests of all parties involved if...
The Decline of McMansions in AustraliaAustralians are increasingly “thinking small” when it comes to buying a home and cracking the property market. It comes with perks such as affordability, more desirable locations, and lower maintenance. A recent ING study...
