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Refinancing your mortgage involves transitioning from your current home loan to a new loan arrangement, potentially with another bank or lender. This process, often undertaken to secure a lower interest rate, access better loan...

Low Doc Home Loans in Australia provide a vital financing option for self-employed individuals, small business owners, and others who can't supply traditional income proof required for standard home loans. These loans simplify the application process by requiring less...

Leveraging Home Equity to Buy: A Guide to Growing Your Property Portfolio Home equity represents a powerful financial resource for homeowners, offering a pathway to expand property portfolios or invest in real estate. In Australia, leveraging the equity in your...

Paying off a home loan is a significant financial commitment that requires careful planning and understanding of the terms and conditions set by Australian law. The time it takes to fully repay your mortgage depends on several factors including the loan term, interest...

In Australia, home loans enable individuals to finance homes or investment properties, with repayment of the borrowed amount plus interest. Understanding home loan basics—application processes, loan types, repayment strategies, and interest rate impacts—is crucial for...

Navigating the journey to buy a home in Australia involves understanding the nuances of the home loan process. This guide aims to demystify the steps involved in applying for a home loan, ensuring you are well-equipped with the knowledge to secure the financing you...

A Home Loan Comparison Rate is a tool designed to help Australian borrowers identify the true cost of a loan. It incorporates both the loan's interest rate and any associated fees and charges into a single percentage figure. This allows borrowers to compare different...

The Home Loan to Value Ratio (LVR) quantifies the portion of a property's value being borrowed, expressed as a percentage. It's a key factor lenders use to assess loan risk, influencing loan approval and terms. Understanding your LVR is crucial, as it determines...

An interest-only home loan is a unique mortgage option offering flexibility in repayments for a specified period. Unlike traditional home loans, where each repayment covers both principal and interest, this option lets you pay just the interest for a set duration....

A fixed rate home loan is a type of mortgage where the interest rate remains unchanged for a specified period, offering borrowers consistency in their home loan repayments regardless of market rate fluctuations. Introduction to Fixed Rate Home Loans In the diverse...

Home loans are a gateway for many to achieve the dream of homeownership. Among the variety of home loan options available, the variable rate home loan stands out as one of the most popular. But what exactly is a variable rate home loan? Let's delve deeper. Defining...

When you choose to refinance a home loan, you replace your existing home loan with a new home loan. Refinancing usually aims to save money by taking advantage of lower interest rates. However, there are other reasons to refinance as well. In this article, we will...

When buying a house at auction, you must familiarise yourself with the process and secure financing. The process may seem intimidating and complicated but don’t give up too soon. Here are some essential things about how to buy a property at an auction that will help...

Buying a home is a significant financial milestone that comes with a host of responsibilities. With a wide range of mortgage options available in Australia, it can take time to decide which loan is right for you. This is where a mortgage broker can be a valuable...

When you refinance a home loan, you replace your existing mortgage with a new one. Refinancing usually aims to save money by taking advantage of lower interest rates. However, there are other reasons to refinance as well. In this article, we will discuss the benefits...

Buying a home is a significant financial milestone that comes with a host of responsibilities. With a wide range of mortgage options available in Australia, it can take time to decide which loan is right for you. This is where a mortgage broker can be a valuable...

Property investment in Australia is a popular choice for many people. Investing in property can be a great way to earn money, but it also comes with its own set of risks. Before you decide to invest in property, there are a few things you need to know. Pros of Buying...

Construction loans, sometimes referred to as construction home loans, offer an exciting opportunity for Australians eager to build a home. These loans differ from your standard home loan, as they're primarily geared towards funding a new construction process, which...

When buying a house at auction, you must familiarise yourself with the process and secure financing. The process may seem intimidating and complicated, but don’t give up too soon. Here are some essential things about how to buy a house at an auction that will help you...

Interest rates have always been a hot topic for homeowners and homebuyers. The Reserve Bank of Australia recently increased its official cash rate, causing a ripple in the home loan interest rate spectrum and leading many to re-evaluate their home loan rate. When...

Sometimes you can’t help but wonder about the day when you no longer have to wake up early to go to work and have the ultimate freedom to do whatever you want with your time in retirement. Reaching retirement is a pivotal moment in any Australian's life. But before...

After months of back and forth in searching for your perfect home, you finally found it. However, you don’t have enough funds at the moment to cover the costs, and your current house is still up for sale; there’s a dilemma happening here, and you’re in a time crunch...

While you’re presented with various options that can accelerate the growth of your wealth, many individuals consider putting their money into properties since it’s a stable choice compared to other investments. When it comes to investing in a property located in South...

Are you looking forward to purchasing your dream home but having difficulty doing so because it’s your first time? Luckily, there is a grant given by the government for first-time homebuyers so you, too, can get your hands on your very first residential property. The...

As if Australian business owners hadn’t faced enough challenges this past year – now the dreaded annual insurance and workers compensation premiums will soon arrive in mailboxes. Here’s how to smooth ‘em all out (and get an early bird discount!).

One of the most exciting things about moving into your own home is doing whatever you want with it, such as growing your own veggie patch. But did you know more than a third of Aussie backyards are contaminated with lead? Here’s how to get your soil tested for free.

After 18 straight RBA cash rate cuts it can be easy to dismiss the notion that interest rates might rise again. But if the cash rate returned to mid-2019 levels, how much extra would an average new mortgage holder expect to pay each month? Let’s take a look.

If you’d like to buy your first home with just a 5% deposit and pay no lenders mortgage insurance (LMI), then you better act quick, as thousands of first home buyers are expected to rush to apply for the limited spots up for grabs.

Small business owners wanting to buy a vehicle, asset or important piece of equipment and immediately write off the cost only have a few days to act this financial year.

First home buyers can now purchase more expensive properties under the federal government’s hugely popular 5% deposit, no LMI scheme.

An increasing number of Australians are prioritising larger homes and bigger blocks in their house-hunting endeavours since the pandemic began. But where to look? Well, a new search tool helps you calculate which suburbs offer the best bang for your buck.

Australian businesses have shifted things up a gear this year, with new asset finance figures revealing a 187% rise in light commercial vehicle purchases since January.

Most of Australia may be a seller’s market right now, but there are still a few dozen suburbs around the country where there’s more housing stock available than in previous years. Today we’ll check out which 33 suburbs are still offering plenty of options for buyers.

While most Australians dream of owning their own home, the majority of hopeful homeowners admit they don’t fully understand how home loans or mortgage rates work. That’s why we make it our mission to enlighten you during your home buying journey.

Keen to buy a vehicle, asset or another vital piece of equipment for your business and immediately write off the cost? Well, you better get cracking, as we’re officially entering end-of-financial-year territory.

Australia’s biggest bank has hiked its three-year fixed rate for owner-occupiers in a further sign that “the tide is turning on interest rates”. So if you’ve been thinking about fixing your interest rate, it could be high time to do so.

With interest rates at record low levels, we’ve seen a big increase in homeowners wanting to refinance this year. So this week we’ll look at some of ASIC’s top tips for refinancing, plus some of our own for good measure.

Small businesses in dispute with the ATO over their tax debt will get “a fairer go” under new rules proposed in the federal budget. Meanwhile, one-year extensions have been granted for the full asset write-off and loss carry-back schemes. Let’s break it all down.

Single parents saving for a property and first home buyers are the big winners from this year’s federal budget. Today we’ll break down the three schemes that will help them crack the property market sooner.

While it might feel like property prices are skyrocketing out of reach, the majority of Australian homes are actually cheaper to buy than rent over the next decade, according to a new report.

Property prices climbed at a breathtaking pace in early 2021, which has been good news for homeowners and heartbreaking for house hunters. However, there are seven key signs that the pace of capital gains has peaked, says CoreLogic.

Businesses across the country are purchasing new equipment and vehicles in record numbers, as companies big and small embrace the strongest market conditions seen in years, according to NAB data.

Tens of thousands of HomeBuilder applicants around the nation can breathe a sigh of relief after the federal government extended the construction commencement requirement from six months to 18 months.

You open up the real estate app on your phone, scroll through a few listings, and then there it is: the home of your dreams, ‘added 1 hour ago’. So just how long do you typically have to act in this hot market?

The COVID-19 loan deferral program and credit reporting amnesty is now over, which means banks will report any late repayments on mortgage or small business loans to credit agencies unless you’ve entered into a hardship arrangement.

House prices could jump 17% in 2021 and mortgage rates are set to rise much sooner than expected, ANZ Bank has tipped.

The property market is going through a boom phase, which means housing affordability is getting tougher. So how much does the average Australian household need to put towards their monthly home loan repayments in the current market? Let’s take a look.

Floods, fire and pandemic – it’s been an incredibly tough 15 months for many Australian businesses. And with government support about to end, looking after your mental health will be just as important as taking care of your business’s financial health.

Did you know more than a third of Australian homeowners are considering putting their property up for sale so they can take advantage of the current boom in prices? Here’s how to get your property looking spick and span for prospective buyers.

Things are starting to look better for small business owners across the country with just 5% of deferred business loans yet to resume repayments. Meanwhile, there are signs that business credit demand is improving, especially when it comes to asset finance.

The first home buyer market had a bumper year in 2020 due to modest declines in property prices, reduced investor activity, and a range of government incentives. But with those advantages tailing off, how will first home buyers compete in 2021?