Home loan repayments are being kept steady by many Australian households, despite two much-awaited rate cuts this year – a move that could lead to significant long-term interest savings. 2025 is shaping up to be a much better year for borrowers than 2024! Already, we’ve chalked up two rate cuts, and some experts are predicting there…
The RBA cash rate cut to 3.85% has given Australian borrowers another reprieve, with the Reserve Bank of Australia reducing the rate by 25 basis points. But how much could this decrease your monthly mortgage repayments? This is the second cash rate cut in 2025, as the RBA attempts to ease cost-of-living pressures on Australian…
It’s a common belief that property values double every 10 years, but is this fact or fiction? New research reveals how much home values have actually increased over the past decade. It’s no surprise that something as big as Australia’s $11 trillion housing market has generated its fair share of myths and misconceptions. Chances are…
The votes have been cast and it’s clear Labor will hold the reins of federal government for another 3-year term. We look at what this may mean for first home buyers and current home owners under the Labor government home buyer schemes 2025. As the election dust settles, it’s time to get back to business…
Many believe the best offset account home loan strategy is making weekly repayments. But that’s a myth. We reveal what really helps you pay off your loan faster using an offset account. You may have heard that making repayments more frequently, say weekly instead of monthly, helps pay down a loan sooner. That can be the…
Tariff-triggered cuts to interest rates could be just around the corner, with Australian borrowers the likely winners if they come to fruition. US trade policies have hit media headlines this month following Donald Trump’s controversial tariff announcements on 2 April. The flow of tariff announcements coming out of the US has rattled share markets globally,…
Australians will head to the polls on May 3, and with housing affordability shaping up as a key issue in the first home buyer election 2025, we unpack how the two major parties are pledging to help new buyers get into the property market. Housing affordability has reached boiling point. Both Labor and the Coalition…
Did you know that the average home owner saw their property’s value rise $46,000 per year over the past five years? Today we’ll look at ways you could put that recent increase in equity to further use. The five years since 2020 have seen plenty of action. From the pandemic (let’s not go there again),…
The RBA may have swiped left on an April rate cut, but plenty of home owners are taking matters into their own hands by refinancing to save on interest with a lower rate. There’s nothing like a rate cut to put a spring in home owners’ steps. February’s 0.25% rate cut, for instance, saw consumer sentiment jump…
‘Close to public transport’ is often touted as a plus for home buyers. But new research shows just how much close proximity to a busy road, railway or flight path can impact property values. Location, location, location. When you’re hunting for a new home, most people are on the lookout for an abode that’s close…