The landscape for first home buyers has undergone significant changes recently. With a notable decrease in the number of first home buyers entering the market, potential opportunities have emerged for those looking to purchase their first home. Current State of the...
There is no denying that 2022 was a tough year for many mortgage holders with eight interest rate rises since the start of May, and unfortunately 2023 is tipped to bring out more rate increases. But kicking off the year with a few tweaks to your budget and habits you...
How to Get Pre- Approved Finance?Many borrowers are complaining that banks are slow to process pre-approvals. Why is this happening? Is there anything you can do to speed up your pre-approval? A home loan pre-approval means that a lender has agreed, in...
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,...
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,...
