RBA increases cash rate to 0.35% amid high inflation concerns

The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points to 0.35% amid high inflation concerns and has signalled more cash rate increases will likely follow. This is the first RBA cash rate hike since November 2010, and the first time the cash rate has moved since it was …

Is now a good time for first home buyers to get into the property market?

While potential homebuyers may have put their home buying plans on hold over the last few months due to the uncertainty of the coronavirus – with restrictions slowly easing and auctions starting to re-open – it begs the question, is now a good time to buy ? While the answer will very much depend on …

How an offset account or redraw attached to your home loan can help you in uncertain times

As the economic fallout of COVID-19 began, thousands of Australians found themselves worrying about their financial situation. While borrowers can’t predict a global pandemic and the toll it may have on their lives, there are actions you can take that can help you weather the storm. One way you can prepare when it comes to …

Is now the time to take a Fixed-rate home loan in this coronavirus lockdown ?

Fixed-rate home loan interest rates have been trending lower in recent times and right now we are seeing some of the lowest fixed-rates in history. This presents a great opportunity for borrowers who want peace of mind that they will have fixed home loan repayments for a set period of time. Lock in at a …