RBA keeps rates on hold in December as a pre-Christmas gift for borrowers

The Reserve Bank of Australia has gifted households an interest rate reprieve in its last meeting of 2023, providing some much-needed breathing room ahead of the expensive holiday season. But RBA governor Michele Bullock hasn’t ruled out further rate hikes in the new year if inflation fails to track towards the 2-3% target range in…

Property prices march on to a new peak

The property market has ignored higher interest rates, with values rising almost 5% since March. But why are national housing prices climbing when interest rates are higher? Australia’s housing market continues to defy the odds and show resilience – even with higher interest rates and higher inflation. Despite interest rates rising 4% in a year…

Home loan pre-approval give buyers an edge

There’s a lot to be said for having your home loan pre-approved. But does pre-approval mean you’re putting the cart before the horse? Definitely not. Here are three ways pre-approval can help you get ahead of the competition. You don’t have to wait until you’ve found a home you’d like to buy before making mortgage…

Homebuyers on the move as people look to get out of the rental crunch

Inflation is driving up the cost of living and we’ve had successive interest rate hikes. So why are buying intentions from people on the increase? The great Aussie dream is still alive and what can you do to make it a reality? Despite a flurry of rate rises, new data this month shows homeownership is…