Author: Otto Dargan
Is It Better To Buy When Interest Rates Are High?
The Reserve Bank of Australia (RBA) raised the cash rate to 3.35%, and stated that further increases may be necessary to return inflation to target. However, it still might be a good idea to buy now, as the high-interest environment is only temporary, and you can refinance when...
Read morefolderCategory: Interest Rate
bookmarkTags: interest rate rise
Should I Refinance When House Prices Are Falling?
The Australian housing market has been in a downturn since last year, with interest rates reaching record highs, shrinking borrowing power and lowering home prices. Many borrowers are looking to refinance to secure a lower interest rate on their home loan. But falling house prices...
Read morefolderCategory: Home Loan Articles
bookmarkTags: property market predictions 2023, Refinance, refinance home loan
6 Trends To Look Out For In 2023
As we approach the new year, there are a few important things for homebuyers and investors to keep in mind for the next 12 months and beyond. The market has been tumultuous this year. The cash rate started at a historic low of 0.1% and ended with a 10-year high of 3.10%....
Read morefolderCategory: Home Loan Articles
bookmarkTags: Australian property market, Borrowing power, cash rate, Interest Rates, Predictions
9 Tips For Homebuyers & Mortgage Holders To Celebrate Christmas
It’s December, Christmas is near, but the festive mood is not as joyous as it should be for many. Australians have faced eight straight cash rate increases since May 2022. The joy of Christmas is fading away for mortgage holders and would-be homeowners who aren’t sure...
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bookmarkTags: Christmas
First Home Buyers Looking For Alternative Ways To Enter The Property Market
The prices of homes are declining, but it is providing little relief for those looking to buy their first home, the First Home Buyer Report 2022 by Helia revealed. Affordability is the biggest obstacle to buying a home, the report states, as 68% of FHBs cited it in this survey. The...
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bookmarkTags: first home buyers, Home Loan
folderCategory: Property Market
bookmarkTags: Australia property market, property market forecast, QBE
Is 2023 A Good Time To Invest In Property?
The Reserve Bank of Australia (RBA) has raised the cash rate to 2.85% with its latest 25-basis-point hike, the seventh monthly rate rise in a row. The RBA is expected to keep it up until it puts a lid on persistently high and rising inflation. These hikes have slugged borrowers...
Read morefolderCategory: Property Market
bookmarkTags: Australian property market, Investors, Property Investment, property market update
Interest Rates On The Rise: Should You Still Buy A Home?
The Reserve Bank of Australia (RBA) has increased the cash rate for the sixth month in a row, taking it from 0.10 per cent in April to 2.85 percent with November’s 25-basis-point increase. With rates rising, repayment pain for borrowers has increased. The impact of the higher...
Read morefolderCategory: Property Market, RBA cash rate
bookmarkTags: property market 2022, property market november
Property Market Predictions 2022-23 | What Is Ahead Of Us?
There has been a series of speculations over where the property market is heading in these uncertain times. Consecutive rate hikes have limited borrowing capacity and increased borrowers’ monthly repayments. The combination of falling property values and rising interest rates...
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bookmarkTags: property market predictions
ANZ: Housing Affordability Improves – Buy Now Or Wait?
The ANZ CoreLogic Housing Affordability Report August 2022 has shown a bit of improvement in affordability due to the decline in home values. The report analysed housing affordability based on four metrics: Ratio of dwelling value to household income Years required...
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bookmarkTags: property affordability