Following all the interest rate rises, home loans have not just returned to pre-covid levels – they’ve surpassed them. And unfortunately, there may be further rate rises ahead. So, how can you best prepare – and what can you do about your borrowing power,...
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...
Why Refinancing Numbers are Surging Across the Country?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...
Financial Hardship Arrangement Report Has ChangedWith interest rates on the way back up, there is no doubt that some households are starting to do it a big tough. Coincidentally, some big changes have kicked in from 1st of July when it comes to...
How Do You Budget for Interest Rate Rises?It is impossible to know how much interest rates will rise, but one thing we know for certain is that they are rising… It is important to look at your budget and financial situation, so you can plan for the increase in...
