Cash Rate Increase: What It Means For You
Last June 7th, the Reserve Bank of Australia (RBA) announced a cash rate increase from 0.35% to 0.85%. This move comes as inflation continues to climb, with the RBA board
Last June 7th, the Reserve Bank of Australia (RBA) announced a cash rate increase from 0.35% to 0.85%. This move comes as inflation continues to climb, with the RBA board
Shopping for a new home most likely entails taking out a mortgage. In the process of acquiring homes, buyers usually consult either a mortgage broker or a mortgage lender. These two
Your borrowing power is the maximum amount of credit you can access without putting your financial stability at risk. This number is based on a variety of factors, including your
Have you ever wondered why 67% of homebuyers in Australia use a mortgage broker when looking for home loans? What value are they getting from mortgage brokers that they cannot
Why is financial management important? At its core, personal financial management is understanding your financial situation in order to make the most of your assets in day-to-day life and in
A 2021 study by True Savings, a fintech company, found that more than 40% of Australian homeowners were facing challenges with home loan repayments and were at risk of suffering
Generally, our homes are our most precious assets, both in terms of monetary investment and personal living. Whether you’re upgrading your own living space or selling an investment, increasing the
Whether you’re buying your first investment property or adding to your existing portfolio, there’s always more to learn when it comes to buying property for investment. But buying an investment
Before taking out a loan, it’s crucial to determine how much you’ll be able to repay each month. Avoiding debt accumulation is key. In other words, you need to find
As investors, you’re ready to buy an investment property, but you’re not too sure what documents you’ll need to get the ball rolling. Preparing the right documents can mean the
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