Home Loan Articles
Signs That You’re Ready To Stop Renting And Buy Your First Home
Are you tired of renting and wondering if you’re ready to buy your first home? If you’ve been thinking about it, it’s important to make sure you’re truly prepared before taking the plunge. Here are some signs that it’s time to move away from renting...
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Making Your First Home A Reality: Financial Support Options In NSW
Buying your first home is an exciting milestone, but it can also be a daunting experience, especially regarding finances. Fortunately, the Australian Government has introduced several schemes to help first-home buyers make their dream of homeownership a reality. In this blog,...
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How Rate Rises Can Affect Your Pre-Approval | Home Loan Experts
If you are in the market for a new home, you have probably heard of pre-approval – an agreement with a lender in which it confirms that it is willing to lend you a certain amount of money to purchase a home. But did you know that rising interest rates can affect your pre-approval,...
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Don’t Panic About The Fixed-Rate Cliff
The fixed-rate cliff looms over the heads of many borrowers who bought a home during the pandemic at a short-term fixed rate as low as 1.95%. It is understandable for them to feel a sense of unease about the impact of rising rates on their finances. Many are concerned that it...
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10 Things To Do If Home Ownership Is Your Goal In 2023
You might be thinking about buying a home in 2023 but waiting for the prices to hit bottom or for bank interest rates to settle down. While waiting, here are some things you can do. 1. Work On Your Credit Score Lenders use a credit score to check on the trustworthiness of borrowers....
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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...
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6 Roadblocks You Could Face In 2023 As A Homeowner
The year 2023 will be challenging to navigate amidst rising interest rates and stricter lending conditions. Here are the six biggest hindrances for borrowers this year, with possible solutions. 1. Lower Borrowing Capacity Amidst rising interest rates, borrowers will be assessed...
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10 Ways To Increase Your Borrowing Power In 2023
The Current Situation As the world ushers in the new year, inflation is a problem that still won’t go away. Food and energy prices are soaring all around the globe, and Australia is no exception. Last year, inflation reached its highest rate since 1990, at 7.3%. While it did...
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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%....
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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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