What you need for a successful home loan application

It’s one thing to apply for a home loan, but getting your application successfully approved is another. Every mortgage lender has different eligibility criteria, but there are steps you can take to help improve the likelihood of your application receiving preapproval and final approval from your lender.

How climate change affects coastal property: Which areas are the most at-risk?

A new report has revealed the areas around Australia where coastal property is at the greatest risk of being affected by climate change, which could potentially affect property values as well as the cost of home loans and home insurance premiums.

How to calculate home loan repayments

Most Australians dream of buying their own home but it can be confronting when you sit down and work out what you can actually afford. Suddenly your dream of owning a three bedroom home with a large garden and entertaining space has become a small two bedroom unit.

Everything you need to know about buying off the plan

Following the recent collapse of two high-profile building companies, it’s important for potential property purchasers to be aware of the risks involved with buying property off the plan, as well as the benefits on offer.

Does paying extra on a mortgage reduce your interest?

By making extra home loan repayments and shrinking your home loan principal, you can reduce the interest you are charged on your mortgage. This could give you the choice between taking steps to pay off your property sooner, or adding some breathing room to your household budget.

Food and fun are our post-lockdown spending priorities

Australians have been spending more of their money on food, recreation and culture, according to new figures from the Australian Bureau of Statistics (ABS).

ASIC releases rules for finfluencers

The Australian Securities and Investments Commission (ASIC) has released information outlining what’s expected from finance influencers (finfluencers) in order to comply with financial services laws and regulations.

How to prepare for rising home loan interest rates

With leading banks raising fixed rates and slashing variable rates, many borrowers may be reconsidering variable rate home loans. But with almost one in four new mortgages taking on unsafe debt levels, and banks forecasting that interest rates could start rising as soon as June 2022, what steps can you take to help minimise the risk of bill shock before the next rate rise?

Some of the best home loans for investors and refinancers in March 2022

While Australian property prices have been rising at record levels, there have been signs that some areas may have been reaching peaks. Some banks are even forecasting that property values in certain areas could experience declines by the end of next year.

Aussie capitals experience highest property price growth on record

Residential property prices in Australia’s eight capital cities experienced some of their strongest ever growth over the past year. So, how much would a mortgage on an average property cost now?