Yesterday the RBA increased the cash rate a further 25 basis points to 3.10%, marking the largest rate tightening cycle since the early 2000s at 300 basis points. A cash rate of 3.1% is the highest target adopted in 10 years. The increase follows signalling from the RBA it is committed to tackling the “scourge”…
What’s more important: your new phone or your next home loan? Well, we were stunned to see a recent survey that showed Australians put more effort into researching phone plans than they did their home loan. The fact is the right home loan can potentially save you thousands of dollars in interest so you could…
Inheritances can be a bittersweet part of life. But an inheritance alone won’t always cut it when applying for a home loan. Having genuine savings can help show lenders you’ve got what it takes to meet mortgage repayments. With many older Australians having accumulated a decent amount of wealth throughout their years, it’s not uncommon…