When you think of moving, what comes to mind? Packing boxes, hiring movers, and maybe a fresh coat of paint for your new abode. But there’s one more aspect to consider – your mortgage. What if we told you that you could take your current mortgage with you to your new...

Introduction The exhilaration of acquiring a property often fades into concerns about maximizing its value. After all, a house isn't just a home – it's an investment. So, how can you ensure the best returns on this investment? Let's delve into the exciting world of...

Introduction:Have you ever gazed at your home, visualizing how a revamped kitchen or an added sunroom would enhance its aesthetics and value? If funds are the roadblock, it's time you considered tapping into your home equity. Refinancing for home improvements could be...

Navigating the vast landscape of loans can be a daunting task, but what if I told you there's a golden ticket to maximize your benefits and secure your financial future? It's the allure of early loan repayments. It's not just about getting out of debt quicker; it's...

Have you ever wondered if refinancing your mortgage could give you the financial wiggle room to undertake that new business venture, or perhaps upgrade to the dream home you’ve always wanted? Well, you're not alone. Welcome to the promising world of borrowing power...

Refinancing your home loan is a step many Australians consider throughout their mortgage journey. Among the myriad of choices and decisions is selecting which loan features to include, like redraw facilities or offset accounts. Making sense of these features,...

When we think of refinancing, the prospect of a lower interest rate and better loan terms often come to mind. But there's more to the story: hidden fees that can creep in and catch you off guard! Let’s dive into the potential costs associated with refinancing your...

The dream of owning a home is a hallmark of success, stability, and comfort. As the years fly by, homeowners often amass significant equity in their property, which remains dormant and untapped. But did you know that your home can also act as a financial pillar,...

When the debt mountain casts a shadow over our financial dreams, it's easy to feel overwhelmed. But what if we told you there's a silver lining? Refinancing for debt consolidation can be that game-changer. By bundling other debts, like credit cards or car loans, into...

Owning valuable assets often feels like a blessing - a testament to years of hard work, wise investment, and prudent saving. But what happens when most of your wealth is tied up in those assets, leaving you with little liquidity for immediate needs? The phrase...

In today's property market, juggling multiple mortgages isn't just for the elite investor. Thanks to a buoyant housing market and some clever investment strategies, many Australians now find themselves holding the keys to more than one property. But with great power...

When considering the purchase of a home, a fixed-term mortgage often seems like a beacon of financial stability in an unpredictable market. However, life can be full of surprises, and sometimes circumstances require us to change our original game plan. When it comes...

In a world where stability feels like a luxury, your employment status plays a pivotal role in determining not just your day-to-day lifestyle but also your financial milestones. One significant milestone that could be affected is your ability to refinance your...

Buying a home is no small feat. And neither is selecting the right mortgage for it. Many Australian homeowners opt for interest-only loans, especially when the market is favourable. But as time goes by, circumstances change, and there comes a point when it makes sense...

The heart of your home isn’t just about the number of rooms or the colour of the walls. It’s about the memories you make and the comfort it brings. But sometimes, our homes need a little sprucing up to keep pace with our dreams. You might be considering renovations...

We've all heard the age-old adage that in real estate, it's all about location, location, location. But did you know that your local property value trends could be your key to unlocking a world of refinancing opportunities? Let’s dive deeper. The Wave of Changing...

The Guardian Angel of Refinancing When it comes to refinancing, many borrowers are left perplexed. The ins and outs can seem overly complex, especially if you're not an industry insider. But here's the good news: a guarantor can be that guardian angel that opens the...

Real estate is an ever-evolving industry with a myriad of investment opportunities. Among the more enticing options is the concept of off-the-plan purchasing. It's a bold venture: buying a property before it's even built! But like any investment, it comes with its...

Feeling the pressure from managing multiple loans with varying interest rates? Juggling loans is like spinning plates on sticks—one wrong move, and everything could come crashing down. Enter the life-saver you’ve been waiting for: Blended Rate Refinancing. It's the...

The Reserve Bank of Australia (RBA) has once again decided to keep the official cash rate at 4.10% for September. This decision was widely anticipated, with 97% of economists and all four major banks predicting a pause. What does this mean for the mortgage landscape,...

So you’ve decided to tread the path less traveled by acquiring vacant land, and the prospect is as thrilling as it is daunting. Owning a piece of untouched, raw land opens up a world of possibilities — from building your dream home to creating an adventure park....

Real estate investing is undoubtedly one of the most lucrative forms of investment. But like any investment, it requires strategic management to maximize profitability. One frequently overlooked strategy is refinancing your rental or investment properties. The thought...

In the modern age of countless options, one thing has become abundantly clear – shopping around pays off. Whether it’s hunting for the freshest produce, the latest tech gadget, or the perfect pair of shoes, taking the time to explore multiple options can save you...

Whether you're a first-time homeowner or a seasoned investor, the ever-changing world of mortgages can be a complex labyrinth to navigate. Refinancing, for example, can seem like a boon. It promises better rates and more suitable terms. However, buried beneath those...

Are you a home buyer looking to break into the real estate market? Perhaps you’ve stumbled across a term that might seem like just another acronym in the maze of home financing: LMI or Lenders Mortgage Insurance. Now, here’s the twist – have you ever considered adding...

When Home Upgrades Meet Loan Makeovers: A Guide A dream home isn’t always one you find—it’s often the one you create! With the perfect splash of paint here and a stunning new addition there, many homeowners are catching the renovation bug. However, as you're itching...

Mortgages can sometimes seem like a complex web, but understanding the maze is essential for every homebuyer. Two terms that often come up when discussing mortgages are “Pre-approval” and “Full approval.” While they might sound like they’re the same thing, they serve...

The New Dawn of Strata Regulations There's a change in the air, and it's not just the season. For those with dreams of owning an apartment or unit, the landscape of strata laws in Australia is shifting, and it's crucial to be prepared. Why Strata Laws Matter? Strata...

For many of us, owning a home is a cornerstone of the "dream life." Yet, when it comes to securing a mortgage, traditional paths might feel like a maze. This especially rings true for freelancers, the self-employed, and those without standard income documentation....

What's the Buzz with Land Loans? We've all heard the saying, "They're not making any more land." This ancient wisdom tells us that investing in land can be a great way to secure our financial future. But, how do you finance such a purchase? Enter the world of land...

Gone are the days when the selection of a mortgage was solely based on the interest rate. Welcome to the era of nuanced decision-making, where every term of a mortgage matters! Let's take a tour down the financial lanes and learn more about these hidden, yet...

When stepping onto the property ladder, it's easy to get overwhelmed by the jargon and complexity that comes with home loans. Many prospective homeowners miss out on understanding the profound impact a significant deposit can make. At Archer Mortgage Group, we believe...

The Reserve Bank of Australia (RBA) continues to keep a steady hand on the country's financial tiller, announcing today (1 August 2023) that it will maintain the official cash rate at 4.10 per cent for the second consecutive month. This marks the first time in over a...

In the game of real estate investing, strategy is the name of the game. One often-misunderstood concept that has grown to prominence in the Australian property investment sector is negative gearing. Is it just a clever buzzword or an actual key to unlocking potential...

When it comes to choosing the right home loan, the options can often seem overwhelming. From interest-only loans to fixed-rate mortgages, each product comes with its own set of features, benefits, and challenges. At Archer Mortgage Group, we understand that knowledge...

Are you eager to step onto the property ladder but grappling with the stringent lending criteria or skyrocketing property prices? You're not alone. Many aspiring homeowners face the same challenges. However, there's a promising solution that could fast-track your...

As a homeowner, you may not realize that one of your most potent financial resources is quite literally right under your feet. Your home, apart from being your castle, is a potential goldmine of financial opportunities, and the key to unlock this wealth is home...

As prospective homeowners, understanding all the costs associated with purchasing a property is crucial. One such cost, often overlooked but significant, is Stamp Duty. This mandatory tax, while intimidating, can be managed and even reduced with the right guidance and...

In the urban hustle and bustle, the conundrum of whether to buy or rent a property continues to challenge many, especially first-time home buyers. At Archer Mortgage Group, we're dedicated to shedding light on this topic to empower you with the knowledge to make an...

Homeownership is a substantial financial journey, often navigated with the aid of a mortgage. But what happens when your circumstances evolve, or you identify an opportunity for better loan terms? This is where refinancing your mortgage becomes a consideration....

The road to home ownership can seem somewhat straightforward for salaried individuals. However, for self-employed individuals, this journey can often appear a bit more complicated. It's not uncommon for self-employed borrowers to face additional hurdles when applying...

The Reserve Bank of Australia (RBA) has made a significant decision this month, putting the brakes on interest rate hikes and holding the cash rate steady at 4.10% for July. This decision comes after 13 consecutive rate hikes since May 2022, reflecting the RBA's...

Navigating the property market can sometimes feel like traversing a treacherous landscape, riddled with both opportunities and pitfalls. One moment you're standing on solid ground, and the next, you're faced with a vast expanse that separates you from your dream home....

In the world of finance, there's a ubiquitous, yet often misunderstood term that impacts your borrowing ability significantly — the Debt-to-Income Ratio (DTI). This critical figure can either make or break your loan application. It might seem complex, but the...

As we sail through life's journey, purchasing a home remains a cherished dream for many of us. For a majority, it's a financial milestone that signifies stability and success. But the process can often feel overwhelming, particularly when it comes to arranging the...

Welcome to the exciting and ever-evolving world of the Australian property market. Whether you're a first-time buyer or a seasoned investor, understanding the market trends can significantly influence your property buying journey. Let's dive in to demystify the...

Introduction: Moving houses can be an exciting yet challenging time for homeowners. Amidst the hustle and bustle of relocating, one crucial aspect that often comes into play is the transfer of an existing mortgage to a new property. Fortunately, brokers can offer...

Whether you are struggling with multiple debt payments or seeking to lower your interest rates, debt consolidation can offer a lifeline to financial stability. A wise step towards achieving this feat is to consider refinancing your mortgage. While the decision might...

Are you thinking about diving into the world of home ownership? Understanding the intricate details of mortgages, including loan-to-value ratio (LVR), can make your journey smoother. In this article, we at Archer Mortgage Group are here to unravel the complexity and...

The path to securing a loan, specifically a mortgage, involves several crucial stages. The cornerstone among these steps is undoubtedly the property valuation. The critical role of this often overlooked yet integral aspect of the loan approval process cannot be...

For many, the dream of homeownership is often balanced on the fulcrum of debt-to-income (DTI) ratios. This pivotal financial metric not only impacts individual borrowers but also echoes through the wider economy. Understanding the implications of high DTI ratios can...

Dear Archer Mortgage Group Clients, We are writing to you today in response to the recent decision by the Reserve Bank of Australia (RBA) to raise the cash rate by 0.25%, which now stands at 4.10%. This increase could have significant implications for many...

Being a homeowner is sometimes like captaining a ship in choppy financial waters. One of the most surprising facts about this voyage is that your mortgage isn't a steadfast anchor - it's actually more of a flexible rudder. It's something you can shift and adjust...

Introduction: Owning a home is a dream for many, and securing a mortgage is often the first step towards making that dream a reality. When it comes to mortgages, one common type is the Principal and Interest (P&I) mortgage. In this article, we will delve into the...

In the ever-evolving economic climate, the landscape of investment property loans has seen substantial shifts. As potential property investors, keeping abreast of these changes is crucial to not only safeguard your investments but also maximise your returns. From...

The Australian mortgage market is a dynamic landscape, moulded by a blend of economic factors, regulatory changes, and borrower preferences. Among the many mortgage types, interest-only mortgages have stood out for their distinctive characteristics. However, they've...

Introduction: In the realm of home ownership, understanding your mortgage options can be a game-changer when it comes to saving money. One such option that savvy Australian borrowers should consider is a mortgage offset account. In this article, we will delve into the...

Introduction: In the realm of real estate, a mortgage pre-approval serves as a golden ticket for home buyers, granting them a range of advantages before embarking on the exciting journey of house hunting. For Australian home buyers, obtaining a mortgage pre-approval...

Introduction: It's critical to comprehend all the costs included in the process if you're thinking about refinancing your loan. This thorough guide strives to make the various refinancing fees and charges understandable so you can make an informed choice. We at Archer...

In the vast landscape of refinancing options, the Loan-to-Value (LTV) ratio has emerged as a critical determinant of your refinancing opportunities and rates. As such, a comprehensive understanding of this pivotal factor is essential to unlocking your most favourable...

Introduction When it comes to managing your mortgage, refinancing can be a double-edged sword. On one hand, it has the potential to unlock numerous benefits, such as lower interest rates and improved loan terms. On the other hand, refinancing can come with costs and...

Refinancing residential mortgages can offer self-employed individuals in Australia an avenue to decrease their monthly payments, secure a lower interest rate, or leverage their home equity for other financial requirements. However, the path to refinancing isn't devoid...

As an investor, you understand the value of a great opportunity. One of the most significant opportunities available to borrowers in Australia is refinancing their mortgage to purchase or improve an investment property. This strategy can be a smart way to grow your...

Refinancing your mortgage can be a smart financial move, helping you secure a lower interest rate, reduce your monthly payments, or access equity in your home. However, it's crucial to proceed with caution and avoid common refinancing traps that could end up costing...

Introduction The Australian housing market has experienced significant growth in recent years, resulting in substantial home equity accumulation for many homeowners. This newfound wealth has led to an increasing interest in mortgage refinancing as a means to access...

The Reserve Bank of Australia (RBA) has once again raised the official cash rate by 25 basis points to 3.85%, making it the third increase this year and the 11th since May 2022. While this move may have caught some off guard, savvy borrowers can turn to Archer...

Introduction: Refinancing your mortgage is an important decision that can lead to substantial savings and better financial security if timed correctly. The ideal time to refinance depends on several factors, including interest rate trends, changes in personal...

Hey there, friend! If you've been contemplating refinancing your mortgage, you're probably wondering about the impact it will have on your credit score. The short answer is that it can have an effect, but that doesn't mean it's always negative. Let me explain!...

G'day, dear readers! It's been quite the rollercoaster in the world of finance, hasn't it? With interest rates on the rise, I bet you're wondering how brokers are stepping up to help borrowers stay afloat. Worry not, we've got the inside scoop on how to sail through...

Hello, property enthusiasts! Have you ever found yourself in a situation where you've discovered your dream property, but you haven't sold your existing home yet? It's a common dilemma, and it can be quite stressful trying to figure out how to secure that new home...

Buying a new home can be one of the most significant financial decisions you make in your life. It is a decision that requires careful consideration, planning, and support. That's where the Archer Mortgage Group comes in. As a leading residential mortgage provider in...

As a first-time home buyer, navigating the world of residential mortgages can be a daunting task. With so many options and complex processes, it's no surprise that many people feel overwhelmed and unsure where to turn for guidance. That's where a mortgage group comes...

Introduction: Navigating the world of residential mortgages in Australia can be a complex and time-consuming task, especially for first-time borrowers. With various types of mortgages available, it's crucial to understand the differences between them before making a...

Hey there, aspiring homeowners and property investors! If you're scouring the web for the latest news on residential mortgages in Australia, you've come to the right place. Today, we're going to talk about some current trends in the Aussie mortgage landscape and how...

The Reserve Bank of Australia (RBA) has recently announced its decision to maintain the official cash rate at 3.60%. While this pause in rate hikes does not signal an end to the RBA's efforts to keep inflation in check, it provides a momentary respite in an uncertain...

Introduction: Are you on a quest to save money on your Australian mortgage? Well, you've come to the right place! Obtaining a mortgage is a significant financial commitment, and securing the best possible rate can save you thousands of dollars over the loan's life. In...

As you are probably aware, buying or building a home in Australia involves a sizable investment. You might be worried about how the process will go, the costs involved, and how to get the best deal. A mortgage broker can help you find the best mortgage for your needs...

Are you considering buying a home in Australia? If so, you may have heard about the two main types of home loan interest rates available – fixed and variable. Choosing between these two options can be a difficult decision, but it's important to understand the...

(Credit: Michelle Bowes & Johanna Leggatt - Forbes) Australians were hit with a surprise last year when interest rates started to rise at a much faster pace than anticipated. After starting the year at just 0.1%, the official cash rate has now reached 3.1% and is...

(Credit: Gerv Tacadena - yourmortgage) Sydney showed the steepest decline in the time needed to save for a deposit since the rate hike started last year. Surprisingly, rising interest rates have helped many Australians shave off a chunk of time needed to save for a...

(Credit: Gerv Tacadena – your mortgage) Rate cuts are likely to follow in the first quarter of 2024. The Reserve Bank of Australia (RBA) could potentially pause the hike trend in April before making the final increase in May, according to the projections of Westpac...

Recent years have seen a lot of discussion about the Australian real estate market, and for good reason. For many Australians, it is a significant source of wealth and a significant contributor to the Australian economy. Government policies, which can significantly...

The decision to purchase a home is significant, so it's critical to comprehend the costs involved. When buying and maintaining a home in Australia, there are several costs you need to take into account. Here is a list of what to anticipate. Deposit: You'll need to put...

Building equity in your home as a homeowner is essential to achieving financial stability and creating lasting wealth. We at Archer Mortgage Group recognise the value of equity and provide a variety of residential mortgage and refinance options to support your...

If you own a home in Australia, you might have thought about refinancing your loan. It's a wise decision that can bring about a number of advantages, such as lower monthly payments, equity access, and increased stability. However, did you know that Archer Mortgage...

Attention homebuyers and borrowers! The Reserve Bank of Australia has announced its 10th consecutive increase to the official cash rate, bringing it up by 0.25% to 3.60%. The interest rate on exchange settlement balances has also been raised to 3.50%. These moves were...

Securing a mortgage is a crucial step in the home-buying process because it represents a sizable financial commitment. However, it's imperative to obtain pre-approval from a lender before you begin looking for a home or even considering making an offer. Pre-approval...

(Credit: Ben Abbott - AustralianBroker) Fixed rate deals are only proving attractive for a small percentage of borrowers say brokers, despite analysis from Canstar that suggests the fixed rate window could be opening again. The Reserve Bank of Australia hiked the case...

A housing affordability crisis is currently affecting Australia, where skyrocketing prices are making it harder and harder for first-time buyers to enter the market. This is especially clear in the big cities, like Sydney and Melbourne, where prices have been rising...

Although owning a home is a significant achievement, it can also present some difficulties, especially when it comes to handling mortgage payments. Australian borrowers are, however, taking proactive measures to allay their mortgage concerns and maintain their...

(Credit: Gerv Tacadena - yourmortgage) Many borrowers are new to the sustained period of rate hikes, which has so far been spanning for nine months. For many home loan borrowers, the current market conditions are something they have never experienced before, as...

Purchasing a home is one of the largest investments a person can make. While this is an exciting time, the process of applying for a mortgage can be stressful and overwhelming. With so many options, it can be difficult to know what to do, and more importantly, what...

For many Australian homeowners, paying off a mortgage early can be a great financial strategy. Homeowners can save thousands of dollars and become debt-free sooner by lowering the amount of interest paid over the life of the loan. But how are you going to accomplish...

(Credit: Gerv Tacadena - yourmortgage) Roughly 800,000 fixed-rate home loans are due to expire this year. An economist predicts 2023 to be a record-year for refinancing, as the Reserve Bank of Australia’s “most rapid” series of rate hikes impact home loan borrowers....

Buying a home is one of the biggest financial decisions a person will make in their lifetime, and choosing the right mortgage can be a daunting task. There are two main types of mortgage loans: fixed-rate mortgages and variable-rate mortgages, each with its own set of...

When it comes to buying a home, one of the most important factors that lenders consider is your credit score. A strong credit score can make the difference between getting approved for a mortgage or having your loan application denied. In this blog, we'll explore the...

Will the RBA Ever Consider a Break in Tightening Policy? The Reserve Bank of Australia has increased the cash rate by 25 basis points to 3.35% in February, as predicted by top economists from major banks. This marks the ninth hike by the RBA since May 2022, according...

Buying a home is an exciting and sometimes overwhelming journey, especially if you’re unfamiliar with the mortgage process in Australia. As one of the largest investments you’ll ever make, it’s important to understand each step along the way and be prepared for what...

(Credit:  Jayden Fennell – AustralianBroker) Inflation is tipped to peak at 7.5% on Wednesday when the Australian Bureau of Statistics releases the consumer price index figures for the December 2022 quarter. Although this figure is below the Reserve Bank’s...

(Credit: Jayden Fennell - AustralianBroker) Mortgage holders who snapped up record low fixed interest rates over the past few years are unsure where to turn now they are due to expire. Variable mortgage rates have skyrocketed following eight consecutive official cash...

(Credit: Jayden Fennell - AustralianBroker) The value of owner-occupier refinancing between lenders has risen to a new high of 9.1%, with an increase of $13.4 billion in November 2022 (seasonally adjusted). Meanwhile, total new loan commitments for housing fell 3.7%,...

(Credit: Gerv Tacadena – your mortgage) Housing market conditions are likely to remain significantly dependent on interest rates. It has arguably a challenging year for the housing market this year, with the aggressive upwards trajectory in the cash rate not seen...

(Credit: Gerv Tacadena – your mortgage) The most challenging for refinancers is calculating the potential savings versus the cost of refinancing. A new study from Great Southern Bank revealed that the increasing cost of living is the main motivator of refinancing...

We wish you a very Happy Holiday season and a peaceful and prosperous New Year. Season’s greetings fromArcher Mortgage Group

(Credit: Gerv Tacadena – your mortgage) The surging inflation and rising interest rates will be making 2023 a challenging year to navigate for home loan borrowers. Borrowers are likely to find themselves in a quite challenging position as they navigate the...

(Credit: Gerv Tacadena – your mortgage) The RBA makes its final monetary policy decision this year, consistent with market expectations of a 25bps hike. The Reserve Bank of Australia (RBA) has announced its final monetary policy decision for the year, hiking the cash...

(Credit: Gerv Tacadena – your mortgage) How much would extra repayments go up with the expected rate hike? The Reserve Bank of Australia (RBA) is expected to make its final rate hike for the year next week, raising the cash rate to a 10-year high of 3.1%. Over the...

(Credit: Gerv Tacadena – your mortgage) They are more likely to spend more time in understanding options on a phone plan. While Australian borrowers recognise the importance of spending enough time when looking for a home loan, there are those who will immediately get...

(Credit: Jayden Fennell – AustralianBroker) New research from CBA has revealed home loan flexibility is a top priority amongst all homeowners when looking for their next mortgage. When considering the most important feature in a home loan apart from interest rates,...

(Credit: KATE BETTES – UNSW Sydney) Australia is seeing mortgage stress and other cost-of-living pressures rise, but we can avoid the financial impact being felt in the UK and US, says a UNSW Business School real estate expert. For economists – and indeed, anyone else...

The Reserve Bank of Australia has lifted the official cash rate for the seventh consecutive month, as it perseveres with its fight to bring down inflation. At its meeting on Tuesday, the RBA board decided to increase the official cash rate by 25-basis points from...

(Credit: Jayden Fennell – AutralianBroker) On Tuesday night, the new Labor government will deliver its first federal budget and shine a light on one of the most talked about policies – stage three tax cuts. Due in July 2024, the tax cuts are part of the federal...

(Credit: Gerv Tacadena – your mortgage) Three in four Australians under the age of 44 are particularly concerned about meeting their repayments. A new study by AMP Bank showed that Australian homeowners under the age of 44 are the most likely to feel worried about the...

(Credit: Gerv Tacadena – your mortgage) There are five reasons why the RBA is slowing down on rate rises. ON THIS PAGE 1. Economic impacts of monetary policy changes come with a lag. 2. Borrowers are likely to be in significant mortgage stress later this year. 3....

(Credit: Gerv Tacadena – your mortgage) Homebuyer's borrowing power could have already fallen by around 20% since the first rate hike in May. The Reserve Bank of Australia (RBA) has increased the cash rate 25bps to 2.60%, marking its sixth consecutive increase since...

(Credit: Gerv Tacadena-your mortgage) Mortgage payments could ultimately be lower for new borrowers down the line, says an expert from RBA. The last few months of upswing in the cash rate could arguably be the most aggressive the Reserve Bank of Australia (RBA) has...

(Credit: Gerv Tacadena – your mortgage) Borrowers who refinanced with a new lender were able to get significantly higher savings that those who did it with their current provider. The uptrend in the cash rate is compelling many mortgage holders to refinance — some are...

(Credit: Mina Martin-AustralianBroker) Following the RBA’s 0.5-percentage-point hike last week, 18 banks have so far announced that they will raise their variable mortgage rate, with all big four banks lifting rates by 0.5% points for new and existing customers. The...

(Credit: Jayden Fennell-AustralianBroker) The Reserve Bank of Australia has lifted interest rates for the fifth consecutive month, in an ongoing effort to tackle high inflation. At its meeting on Tuesday, the RBA board decided to increase the official cash rate by 50...

(Credit: Eliza Bavin-psnews) According to new data, Australians who have mortgages are concerned about making their mortgage payments, with 30% admitting that defaulting on their house loan is a big worry. Three-quarters of Australian mortgage holders, according to a...

(Credit: Kate Aubrey - Mortgage Business) As the central bank has ramped up the pace of interest rate rises, economists say it could be having its "desired effect". At its monetary policy meeting on Tuesday (2 August) the Reserve Bank of Australia (RBA) board decided...

(Credit: Dinah Lewis Boucher) Australia's median property value has dropped by 2 per cent since the beginning of May, to $747,800— a figure that includes houses and apartments, the latest housing data shows. CoreLogic research director Tim Lawless says Australia's...

(Credit: Gerv Tacadena – yourmortgage) Experts are expecting APRA to review its mortgage stress test amid the rising rate environment. Further hikes to the cash rate by the Reserve Bank of Australia (RBA) in the coming months could potentially trigger talks on the...

In a widely-anticipated move, the Reserve Bank of Australia (RBA) increased the cash rate at today’s board meeting, from 1.35% to 1.85%. This is the fourth month in a row that the RBA has increased the cash rate. Future rate rises are all but certain, possibly as...

(Credit: Gerv Tacadena – your mortgage) An expert believes there is a way for households to ride the upswing in rates and secure their finances. Home loan rates are expected to continue rising as the Reserve Bank of Australia (RBA) monitors the economic risks and...

Hi All, Worried about recent RBA rate hikes? Your current interest rate may not be competitive in the market and more options are available for refinancing with amazing cash rebates. We would like to review your current home loans with your current bank to see where...

(Credit: Jayden Fennell – Australian Broker) Lenders across Australia are lifting the variable interest rates on their home loan products after the Reserve Bank’s decision last week to raise the official cash rate for the third consecutive time. Each of the four major...

The move was widely expected, as the RBA had previously signalled it intended to make several rate rises in the near future, to combat rising inflation. ‘Core’ inflation, which is currently 3.7%, is forecast to reach 4.6% by the December quarter – well above the RBA’s...

(Credit: Mina Martin – AustralianBroker) Seven in 10 Aussies are using the equity in their home to renovate their home or invest in property, while many have taken the opportunity to get ahead of their loan repayments, according to new research from National Australia...

(Credit: business reporter Emily Stewart- abc.net.au) The official interest rate has gone up again, this time by half a per cent. On a $500,000 loan, that's an extra $1,600 in payments per year, if the banks pass the rate hike on in full. If you're already in...

Well, you shouldn’t be! the cash rate at .85% is still historically low! Why should the rate increase not scare you? Don’t be alarmed by what's been showed by the media, that's just one side of the story. Increase in home loan repayments is never nice but it’s not...

(Credit: Gerv Tacadena – your mortgage) As you may know the RBA has again hiked rates today. The June increase comes after the surge in inflation and the decline in unemployment rate. More options are available to you  for refinancing with cash rebates. If you...

(Credit: Cait Kelly – The Guardian) Mortgage holders in Australia have this week faced the unwelcome but not completely unexpected news that they will be paying more, with the central bank lifting the official cash interest rate for the first time since 2010. So what...

(Credit: Charis Chang – news.com.au) Mortgage repayments are set to increase dramatically in the next year but this is how you can reduce the financial pain. With interest rates now on the rise, many Australians may be worried about the cost of their mortgage...

(Credit: Gerv Tacadena – your mortgage) With the recent surge in prices, homeowners have already buffed their equity which could help them upsize sooner. Market factors are starting to swing in favour of Australian upgraders who stalled their plans of buying a bigger...

(Credit: Gerv Tacadena – yourmortgage) Now that all of the major banks passed on the full 25 basis point increase, borrowers are being encouraged to reach out to their banks to check how the changes in variable rates will impact their repayments. Australia’s four...

(Credit: Jayden Fennell – AustralianBroker) The Reserve Bank of Australia has lifted the official cash rate for the first time in nearly 12 years. At its meeting on Tuesday, the RBA board decided to increase the rate by 25 basis points from a record low of 0.1% to...

(Credit: Mina Martin – Australian Broker) Over $150 billion of property has been settled across the east coast of Australia this year, amidst growing speculation of imminent market softening, latest analysis from PEXA Insights showed. According to PEXA’s Property...

(Credit: Jonathan Russell – Australian Broker) What should I look for when investing in property? When investing in property, you will likely be looking to make money rather than buy a home to live in. If you are investing in a property in Australia—a popular way to...

(Credit: Jonathan Russell – AustralianBroker) Understanding property development Property development is when you alter, improve, or develop a vacant lot or an existing building to improve on its value. While property development is appealing for multiple reasons, the...

(Credit|  Gerv Tacadena – yourmortgage) Homeowners are also looking forward to renovating their homes, despite inflation impacting their budgets. Easing house price growth appears to be encouraging one in four prospective homebuyers to take the plunge. NAB’s...

(Credit: STEPHEN JOHNSON, ECONOMICS REPORTER FOR DAILY MAIL AUSTRALIA) Australian property prices could still double within six years even if interest rates go up - with history proving the scenario is possible. The big banks, economists, finance expert Effie Zahos,...

(Credit: Mina Martin) Australia’s housing market is off to a strong start, with buyer demand increasing in January, according to REA Group’s PropTrack Housing Market Indicators Report for February. Demand based on views per listing on realestate.com.au jumped 48.2%...

(Credit: Jayden Fennell – AustralianBroker) Australians are refinancing their home loans more than ever, the latest property refinancing trends from PEXA reveals. The 2021 report from PEXA, the nation’s only digital property settlement platform, shows that almost...

(Credit: Antony Field) Learn about the market before you purchase your dream home Australia’s booming residential real estate market is a major worry for those trying to get a foot on the property ladder. Record low interest rates, lifestyle changes brought about by...

(Credit: Ryan Smith) Surging rents and large buffers mean rate hikes won't hit investors too hard While higher interest rates will affect cash flow for property investors, the effect will be mitigated by surging rents and large buffers, experts say. Pete Wargent,...

(Credit: Sharon Labi) Interest rates are going up and the banks are desperate for your business. While fixed rates have been creeping up for months, variable rates are still being slashed but mainly for new customers — unless you know what to ask for. So, now is the...

(Credit: Emily Stewart) It's fair to say money has been cheap in recent years, with home owners having access to the lowest fixed rates on record. And while the Reserve Bank may have kept the official cash rate on hold this week, economists are predicting rates to...

(Credit: Michael Janda and Rachel Pupazzoni) The typical Australian home owner has become $131,236 richer on paper over the past year, and there are few signs so far in 2022 that the COVID pandemic real estate boom is about to end. CoreLogic's latest home value data...

(Credit: Elizabeth Redman and Kate Burke) Chatter about rising interest rates is set to slow property price growth in 2022, although the cash rate is expected to stay on hold until late in the year or 2023, economists say. After years of ultra-low interest rates,...

(Credit: Gerv Tacadena) Borrowers in New South Wales and Victoria led the sharp rebound in loan commitments. Australian home loan borrowers came rushing back in November last year, driving a rebound in overall value of new loan commitments for housing. Figures from...

(Credit: Samuel Yang) Record low interest rates have driven Australian housing prices up 22 per cent last year — its sharpest rise in three decades. Key points: Housing prices rose 1 per cent nationally in December, with regional markets up 2.2pc and capital cities...

(Credit: Sarah Sharples) There will be an increasing number of Aussies feeling mortgage stress due to higher interest rates, while first home buyers are still in for a massive headache. First home buyers are hoping for some relief from skyrocketing property prices...

(Credit: Kate Aubrey) The value of Australia’s residential dwellings rose by $487 billion to $9.25 trillion in the September quarter, according to the latest ABS figures. The Australian Bureau of Statistics (ABS) has confirmed that the total value of Australia’s 10.7...

(Credit: Gerv Tacadena) Four states recorded a rebound in lending activity, including for refinancing. Mortgage activity rebounded in November across the states of New South Wales, Queensland, Victoria, and Western Australia in November. The latest figures from PEXA...

(Credit: Mike Wood) Analytics firm CoreLogic has released stunning figures that bely the notion that property prices in Australia are beginning to slow down. Their most recent Regional Market update showed that half of Regional Australia has seen over 20% added to...

(Credit: Sharon Labi) To fix or not to fix? That is the question. And if you look at fixing your home loan rate, is it worth paying a rate lock fee given the steady stream of rate hikes by the banks in recent weeks? In the past month, 16 lenders have hiked their fixed...

(Credit: Gerv Tacadena) The easing of restrictions in the biggest capital cities over the past month have led to a new record for new listings. REA Group’s latest PropTrack Listings Report showed a 21.9% monthly growth in new listings in October, hitting the highest...

(Credit: Stuart Marsh) Buyers in Sydney's most hotly-contested suburbs are at extreme risk of overpaying for property as fierce competition drives price growth to record highs. Pete Wargent, co-founder of property buyer's agents BuyersBuyers, says even in the most...

(Credit: Peter Hannam – The Guardian) Rising house prices and a resurgent economy could nudge the Reserve Bank to raise rates for first time in 11 years. Borrowers are rushing to lock in low interest rates amid gathering expectations Australia’s central bank will...

(Credit: Gerv Tacadena) A third of recent Australian homeowners experienced buyer’s remorse after discovering issues in their property while moving in. A recent survey by ME Bank, which surveyed 1,000 property owners, found that 55% spent less than an hour checking...

(Credit: Clancy Yeates) A price war between banks trying to lure new customers with cheap interest rates could dull the impact of the banking regulator’s recent move to slow the housing market, underlining the risk of further loan curbs, analysts say. With fixed...

(Credit: Malavika Santhebennur) Residential real estate is now estimated to be worth over a record $9 trillion, just five months after reaching $8 trillion in value, according to CoreLogic. According to the property research group, the total value of home dwellings...

(Credit: Nabila Ahmed and Michael Heath) Australia’s banking regulator raised the minimum interest-rate buffer that lenders need to account for when assessing home-loan applications, citing growing risks to financial stability from a booming housing market. The...

(Credit: Malavika Santhebennur) CoreLogic has reported that the preliminary clearance rate recorded across the capital cities last week was the highest since late March 2021. The property research group has released auctions data for the week ended 26 September, which...

(Credit: Gerv Tacadena) Millennial homebuyers are having a significant impact on the property market as they lead the ditch-the-cities trend amid the pandemic, according to the latest McGrath report. McGrath founder and executive director John McGrath said millennials...

(Credit: Malavika Santhebennur) Both residential property prices and the total value of residential dwellings recorded the largest quarterly rise on record, according to figures. The Australian Bureau of Statistics (ABS) has released its June 2021 Residential Property...

(Credit: Mike Wood) Conveyancing giant PEXA has announced that last month was a new record month for refinancing in Australia. August saw 300,000 refinancing deals completed in Australia, around 10% up year on year and surpassing the previous record, which was set...

(Credit: Malavika Santhebennur) Despite most borrowers saying they are not confident that they have a good home loan deal, they have not sought to refinance, a survey has found. New research commissioned by major brokerage Aussie has revealed a “refinancing...

5 Years and 100 Reviews After 5 years in business we would like to say "Thank you" to all our loyal clients for helping us reach 100 Google Reviews! Every client is so important to us. We learned that best appreciation of our work is your word-of-mouth recommendations...

(Credit: Gerv Tacadena) Borrowers in four states continue to rely on non-major financial institutions for new housing loans, according to the latest report from PEXA. The report showed non-major lenders in NSW, Queensland, Victoria, and WA continued to grow their...

(Credit: Mark Rosanes) Lenders’ mortgage insurance, also known as LMI, is one of the much-maligned costs associated with taking out a home loan as it can easily add thousands of dollars when buying a property. Add this to the fact that LMI solely protects the lender,...

(Credit: Mike Wood) Brisbane and Queensland property prices could be set to rocket yet further on the back of the 2032 Olympic Games. PRD researchers predict that the median property price in Brisbane will top $1m for the first time and could go as high as $1.7m, if...

(Credit: Malavika Santhebennur) Refinance settlements surged above June 2020 levels in June 2021 in NSW and Queensland despite a double rate cut in March 2020, according to PEXA data. Digital property settlements platform Property Exchange Australia (PEXA) has...

(credit: Malavika Santhebennur) It is now cheaper to service a mortgage than pay rent on a larger proportion of properties compared with pre-COVID-19 crisis, according to new research. CoreLogic’s weekly Property Pulse has revealed that servicing a mortgage has become...

(Credit: Gerv Tacadena)

(Credit: Gerv Tacadena) Victoria's regional housing market continues to be red-hot as it reports its shortest days-on-market in May since 2010, according to new data from the Real Estate Institute of Victoria (REIV). The report shows that the average days before...