With the Reserve Bank of Australia (RBA) again rising official interest rates in May you’re probably bracing for the impending rise in your mortgage repayments. Here’s how to stay on top of your mortgage and feel financially secure. Let’s face it, the RBA’s rate rise cycle hasn’t been easy for mortgage holders, with average monthly…
On May 2nd the Reserve Bank of Australia (RBA) increased the official cash rate to 3.85%, going against most financial predictions. Is this the peak for home loan variable rates, and what does it mean for your mortgage? In what will undoubtedly be tough news for many households around the country, this latest rate hike…
Rising interest rates have created doom and gloom headlines for mortgage holders. But there is some good news. First Home Buyers are now reaching their 20% deposit goal faster. The 2023 Domain First Home Buyer Report has delivered good news for First Home Buyers. The report shows that first-home buyers aged between 25 to 34 are…
We all know that managing our money is important and that bad debt is well, bad. When applying for a home loan or personal loan there are common spending habits that may raise a red flag to lenders. Smart money management and cutting back on expenses can help your home loan application. That’s no secret.…
Interest rates and the cost of living are rising. This has led to a growing number of Australians struggling to manage their finances. The feeling of financial stress is real, but there are steps you can take to keep your head above water. Even in the best of times, managing your finances is hard. Every…
After 10 straight interest rate hikes the Reserve Bank of Australia (RBA) announced on April 4th that the official cash was put on hold. But for how long? The April decision to keep the official cash rate at 3.60% will be welcomed by homeowners around the country after monthly repayments had increased by about $1000…
There is so much to love about Easter from Easter egg hunts to having a long weekend and spending time with family! To help plan out your celebrations, we have put together a few fun activities to explore this Easter. Baking Easter themed biscuits Kids love getting involved in the kitchen & homemade baking is…
Like the dawn service and a few rounds of two-up, ANZAC biscuits are part of Australia’s ANZAC Day tradition. In fact, you probably wouldn’t be able to find a more nationally celebrated biscuit than the Anzac biscuit. The army biscuit, also known as an Anzac wafer or Anzac tile, is essentially a long shelf-life, hard…
Have recent rate hikes made you nervous about taking the plunge into the property market? You’re not alone. It’s a buyers’ market for a reason. Here’s how to stay cool and calm when buying your next property. As you’ve probably seen in the news, the Reserve Bank of Australia (RBA) has increased the official cash…
Do you have a fixed-rate home loan that’s coming to an end soon? It can be a stressful time, particularly with rate rise news dominating the headlines. So, let’s help you prepare. Like many Australians, you may have taken advantage of the interest rate good times by locking in a very low rate. But as…